The contract solidifies the company’s role within a network serving AI development teams across more than 100 regions. Under the terms of the deal, QumulusAI will leverage its existing U.S. data center infrastructure to fulfill the hardware requirements. Management expects the initial deployments of these high-performance nodes to go live this summer.

This commitment adds significant revenue certainty to the company’s order book, reinforcing its standing as a core supplier for its client’s cloud expansion. Investors responded favorably to the news, pushing the stock up 20% in early trading following the company’s initial public offering last week.