Forum Markets Announces Joint Venture with Edge Node AI to Deploy Inference AI Compute Across the U.S. at Existing Powered Data Sites and Mobile Communications Towers
Key Highlights
- ➤Forum controls 51%-owned Forum Edge AI JV with Edge Node AI
- ➤Approximately 11 MW initial deployment fully allocated to long-term offtake partners
- ➤Forum introduces $125 million to $175 million full-year 2027 revenue guidance
- ➤No equity required for initial deployment or achieving 2027 revenue guidance
- ➤Compute capital expenditures funded through customer deposits and equipment financing
Expert Statements
McAndrew Rudisill, Chairman and chief executive officer of Forum Markets
“We have looked at myriad AI financing and infrastructure opportunities over the past several months, and we were deliberate about where we were willing to commit capital. Deal flow was never the constraint in this market. Discipline was. We were patient because we were looking for a specific set of characteristics: sites where the power and the permits already exist; equipment we can finance on terms we can model and collateralize; a structure that keeps risk contained at the project level; and a credible partner whose economics are aligned with our own over the long term. This transaction has all four, and we believe it represents the most attractive risk-adjusted return we have underwritten to date. I am genuinely excited about the growth potential it unlocks for Forum, and we are intensely focused on the execution that will generate that growth, one site at a time.”
Mallik Panda, Founder and chief executive officer of Edge Node AI
“The next phase of AI infrastructure will require more than simply adding GPU capacity—it will require a distributed compute architecture that brings high-performance inference closer to where workloads and customers operate. Edge Node AI has been built around that vision. Forum brings significant capabilities in capital markets, financing, structuring, power and GPU supply that are highly complementary to our technical and operating capabilities. Together, we believe Forum Edge AI provides a strong platform to deploy infrastructure rapidly across powered data centers and distributed edge locations while maintaining disciplined, project-level economics. We are excited to work alongside Forum to build and scale this platform.”
Forum Markets Announces Joint Venture with Edge Node AI to Deploy Inference AI Compute Across the U.S. at Existing Powered Data Sites and Mobile Communications Towers PR Newswire
* Initial planned deployment comprises approximately 11 MW of energized capacity * Compute capacity from initial deployment being fully allocated to long-term off-take partners * Forum Markets introduces 2027 revenue guidance of $125 Million to $175 Million * No equity issued to stand up initial deployment nor required to achieve 2027 revenue guidance * Real estate and site equipment have already been purchased; compute capital expenditures are being funded through a combination of customer deposits and equipment financing PALM BEACH, Fla., Oct. 5, 2026 /PRNewswire/ -- Forum Markets, Incorporated (Nasdaq: FRMM) ("Forum" or "the Company"), an innovator in sourcing and operating cash-generating assets in aerospace, AI, and AI-powered consumer finance, today announced its first major investment in artificial intelligence ("AI") infrastructure with the formation of Forum Edge AI LLC, a Delaware limited liability company (the "Joint Venture") on October 2, 2026, a joint venture with Edge Node Inc., a Texas corporation ("Edge Node AI"), to own and operate high-performance inference compute capacity at sites that already have power and permits in place. Edge Node AI is an AI infrastructure company and approved Nvidia partner building a distributed AI inference network designed for companies and assets that depend on constant, real-time graphics processing unit (GPU) access. Forum holds majority ownership of and controls the Joint Venture, which has an initial portfolio consisting of 2MW of a 4 MW data center in Dallas, a 9 MW data center campus in High Point, N.C., and one initial mobile communications tower site of 1-2 MW with the ability to scale under separate agreements with SBA Communications Corporation (Nasdaq: SBAC) ("SBAC") and Tillman Infrastructure ("Tillman"). The Company expects to contract additional sites with other communications tower owners moving forward.
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