OpenWorld Signs Non-Binding Term Sheet for Up to $1B Financing
OpenWorld signed a non-binding term sheet with Meridian for up to $1 billion in tokenized financing to deploy a solar-powered distributed AI inference network. Initial installations are targeted for Q4 2026, with the first commercial site targeted for Q1 2027.
OpenWorld has signed a non-binding term sheet with Meridian for up to $1B in tokenized financing. The funding would support deployment of a solar-powered, distributed AI inference network, with initial installations targeted for Q4 2026 and the first commercial site targeted for Q1 2027.