QumulusAI activates $18M GPU agreement in Philadelphia

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Go back to QumulusAI activates $18M GPU agreement in Philadelphia

QumulusAI Completes NVIDIA Blackwell B300 Deployment, Activating $18 Million Take-or-Pay Agreement

September 10, 2026 7:33 AM EDT

Full customer handoff at QumulusAI's Philadelphia colocation site was reached Sept. 1, 2026, converting the two-year, take-or-pay agreement announced July 22, 2026, into deployed capacity

ATLANTA--(BUSINESS WIRE)-- QumulusAI (Nasdaq: QMLS), a neocloud infrastructure provider purpose-built for the AI computing era, today announced it has completed deployment of NVIDIA Blackwell B300 GPU capacity at its Philadelphia colocation site, reaching full customer handoff and activating the $18 million, two-year take-or-pay agreement QumulusAI announced July 22, 2026, with a GPU cloud marketplace currently serving AI teams in more than 100 regions worldwide.

The deployment represents the full scope of NVIDIA... More