Gorilla Technology surges after $2.5B AI compute contract

Gorilla Technology (NASDAQ: GRRR) Locks In $2.5B AI Compute Contract, Eyes Indonesia Data Center Expansion

Gorilla Technology Group (NASDAQ: GRRR) shares surged more than 10% on Tuesday after the AI-powered software and infrastructure solutions company secured a major new contract worth $2.5 billion. The five-year deal, signed with an unnamed customer, tasks Gorilla with providing compute power through its operations at the NeutraDC Batam data center in Indonesia. Under the first phase of the deployment, Gorilla will bring online 1,000 B300 GPU serve…

Gorilla Technology surges after $2.5B AI compute contract

Gorilla Technology (GRRR) said it has signed an AI compute infrastructure contract with a global technology customer that is expected to generate $2.5B in revenue.