River Bend lease with Fluidstack, Google backstop
Company: Hut 8
The claim, verbatim
Hut 8 signed a long-term lease with AI cloud platform Fluidstack for River Bend's initial capacity, with Google providing a financial backstop for lease payments and related obligations.
Source (primary)
Hut 8’s (TSX:HUT) AI Campus: What Is Taking Shape in Louisiana? - Kalkine Media (-, news_article)
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Quote: “Hut 8 signed a long-term lease with Fluidstack, an AI cloud platform, for the campuss initial capacity. Hut 8s announcement at the time noted that Google provides a financial backstop covering the lease payments and related obligations.”
How we checked this
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Additional evidence
confirms Hut 8’s (TSX:HUT) AI Campus: What Is Taking Shape in Louisiana? - Kalkine Media
Quote: “Hut 8 signed a long-term lease with Fluidstack, an AI cloud platform, for the campuss initial capacity. Hut 8s announcement at the time noted that Google provides a financial backstop covering the lease payments and related obligations.”