QumulusAI (QMLS) news

QumulusAI puts $71.9 million Blackwell agreement into production; signed customer contracts surpass $500 million

Qatar fuel - Overall sales volume recorded a 14% decrease in 9-months

Qatar Fuel (QSE: QFLS) reported a 14% decline in overall sales volume over the first nine months of 2026, according to recent data. This marks a notable shift from previous performance, as the company had experienced robust growth in recent years. For instance, in FY 2025, the company recorded…

QumulusAI - Announces two three-year take or pay agreements with AI inference customers

QumulusAI (Nasdaq: QMLS) has announced two three-year "take or pay" agreements with AI inference customers, marking a significant step in the company's expansion within the AI computing market. These agreements, which are structured to ensure consistent revenue streams, reflect growing demand for…

QumulusAI - Agreements cover over 2,000 B300 GPUs; combined contracted commitments exceed $344 mln

QumulusAI, a vertically integrated AI cloud infrastructure provider, has secured long-term agreements covering over 2,000 B300 GPUs, with combined contracted commitments exceeding $344 million. The agreements, spanning three-year terms, include partnerships with Hyperbolic and another leading AI…

QumulusAI - Extension options could bring total potential value to $401.60 mln over five years

QumulusAI (Nasdaq: QMLS) has amended its surface lease at its Oklahoma data center, potentially extending its control of the site through January 31, 2044. The amendment replaces a single five-year renewal option with three consecutive five-year renewal options, exercisable at the company’s…