The proposed Nixxy-Tachyon9 deal pairs a 620-acre North Dakota campus with up to 1 GW of on-site generation, a planned $5 billion Phase I GPU deployment, and the Bring Your Own Power playbook for skipping the grid queue.
NEW YORK, NY, June 8, 2026 (newsntech.site) - The hardest part of building an AI data center in 2026 is not the chips. It is the electricity to run them. A new deal announced this week leans directly into that constraint.
Nixxy, Inc. (NASDAQ: NIXX) said it has entered into a Letter of Intent with Tachyon9 Corporation, a privately held energy and infrastructure company, to pursue a strategic transaction. The goal, per the announcement, is to create a publicly traded platform combining artificial intelligence infrastructure, power generation, and high-performance computing. If completed, the combined company is expected to operate under the TACC brand while keeping its NASDAQ listing.
For readers who follow the data center buildout, the technical angle is the interesting part. The plan centers on the 620-acre Nakota Project in Williston, North Dakota, sited in the Bakken energy region. Rather than queue for grid interconnection, the project is designed to generate its own electricity on site. The company said the location was chosen to leverage abundant natural gas resources and existing pipeline infrastructure to support large-scale AI computing, addressing what the announcement called one of the industry's most pressing challenges: securing reliable and scalable energy for next-generation data centers.
The advisers backing the project make the same case. "The Nakota project is strategically positioned to leverage abundant natural gas resources and existing pipeline infrastructure in the Northern Midwest, addressing one of the most critical constraints facing the AI industry," said John Arundel, Managing Director at Perdicus Global Communications, which represents Tachyon9. The Northern Midwest pipeline network is central to the thesis: it is what lets the campus turn nearby gas into firm, on-site power.
This is the "Bring Your Own Power" model, often shortened to BYOP. Instead of treating power as a utility line item, BYOP pairs dedicated energy infrastructure directly with the data center campus. Generation and compute get built together, on the same land, for long-term operational reliability. In a region where gas is plentiful and pipelines already exist, putting turbines next to GPUs is a practical answer to interconnection delays that can stretch for years elsewhere.
The numbers attached to the proposal are specific. Per the announcement, the transaction includes more than $64 million in contributed infrastructure and equipment assets and a planned $75 million private placement financing. The Nakota Project is designed for up to 1 gigawatt of planned power generation capacity over an anticipated 36-month buildout. The first 120 megawatts of compute capacity is targeted to be operational during the second quarter of 2027. The company also pointed to a signed memorandum of understanding supporting a planned $5 billion Phase I GPU deployment through a major compute offtake partner. The offtake partner was not named in the announcement.
The leadership framing matched the energy-first thesis. "This transaction is designed to provide public market investors with exposure to one of the most important infrastructure themes of our time, the convergence of artificial intelligence and energy. The future of AI will depend on access to reliable, scalable power. We believe the Nakota Project has the potential to become a foundational asset supporting that transformation," said Shahal Khan, Chairman and CEO of Tachyon9.
Nixxy's chief executive tied the move to the company's repositioning over the past year. "Artificial intelligence is driving unprecedented demand for compute power, data centers, and energy infrastructure. Over the past year, we have repositioned Nixxy to participate in this rapidly growing sector, and we believe this proposed transaction creates a platform capable of addressing critical infrastructure needs for the AI economy," said Mike Schmidt, CEO of Nixxy.
On the operating side, the combined company would focus on energy-backed AI infrastructure for enterprise, hyperscale, and sovereign AI customers. Management said it also expects to evaluate strategic alternatives for its communications business so it can concentrate on AI and energy initiatives. Tachyon9, which is expected to contribute the majority of the infrastructure assets, projects approximately $275 million in revenue during 2026.
A note on timing. The company said additional announcements regarding financing, governance, executive leadership, development milestones, and long-term infrastructure plans are expected in the coming months. As with any deal at the LOI stage, the proposed transaction remains subject to due diligence, negotiation and execution of definitive agreements, regulatory approvals, board approvals, shareholder approval, financing arrangements, and other customary closing conditions. In plain terms, this is a plan, and plans at this stage still have to clear several gates.
For anyone watching where AI compute meets cheap, on-site generation, the Bakken approach is a name worth tracking in this theme. The thesis is clean: build the power and the compute together, close to the gas, and skip the grid queue.
This content is for informational purposes only and is not investment advice or a recommendation to buy or sell any security. It describes a proposed transaction that remains subject to due diligence, definitive agreements, financing, and regulatory, board, and shareholder approvals, and may not be completed. Forward-looking statements involve risks and uncertainties; see the company's filings with the SEC.