OpenWorld Signs Non-Binding Term Sheet for Up to $1B Financing
OpenWorld signed a non-binding term sheet with Meridian for up to $1B in tokenized financing for a distributed, solar-powered AI inference network. Test installations are targeted for Q4 2026, with the first commercial site targeted for Q1 2027.
OpenWorld has entered into a non-binding term sheet with Meridian for up to $1B in tokenized financing. The proceeds would fund a distributed, solar-powered AI inference network, initially linked to residential battery storage. Test installations are targeted for Q4 2026, with the first commercial site planned for Q1 2027.