$AZIO

AZIO AI Holdings Inc. (NASDAQ: AZIO) said it entered an agreement with Power Champion Investment Limited to purchase up to 128 NVIDIA B300 GPU systems, positioning the company around AI compute infrastructure. The release cites McKinsey’s estimate of about $6.7 trillion in AI data-center capex by 2030.

AZIO AI Holdings (NASDAQ: AZIO) said it entered an agreement with Power Champion Investment Limited to buy up to 128 NVIDIA HGX B300 GPU systems for deployment at U.S. AI infrastructure facilities, with deliveries to follow. AZIO estimates hardware value of about $77 million if all units are purchased. The article cites McKinsey and Goldman on large AI data-center and power spending needs by 2030.

AZIO AI Holdings said it signed a master services agreement with AT&T for enterprise fiber connectivity for its planned 500 MW Texas AI infrastructure platform. The deal sets a standardized networking framework for AI and HPC workloads. AZIO committed about $2.4 million for fiber services, aimed at supporting faster deployment for potential hyperscale customers.

Enterprise fiber connectivity agreement establishes the digital infrastructure foundation supporting AZIO AI's initial 500-megawatt Texas AI data center platform and creates a standardized framework for future expansion HOUSTON, TX / ACCESS Newswire / July 31, 2026 / AZIO AI Holdings, Inc.

Envirotech Vehicles, Inc. (NASDAQ: EVTV) said its corporate name change to Azio AI, Inc. becomes effective July 10, 2026, with the new ticker pending confirmation. It also announced a power purchase and AI infrastructure hosting agreement with Power Champion for about 3.1 MW, expected to generate about $27.9 million in capacity reservation charges, with expansion rights up to 12 MW and potential total value near $100 million.

Envirotech Vehicles (NASDAQ: EVTV) said it completed its merger with Azio AI on July 2, 2026, after amending the deal terms to close early. EVTV plans to pivot to AI datacenters, enterprise GPU compute and digital power, citing IDC projections of $487B global AI infrastructure spending in 2026. EVTV reported deploying 6 MW off-grid power and securing a 548-acre site for up to 500 MW. Leadership changes include Chris Young as CEO and Simon Yu as President.

Envirotech Vehicles (NASDAQ: EVTV) said it completed its July 2, 2026 merger with Azio AI ahead of schedule after amending the deal structure. EVTV plans to pivot to an AI datacenter provider, citing IDC projections of $487B AI infrastructure spending in 2026. EVTV reported deploying 6 MW off-grid power and securing a 548-acre site for up to 500 MW. Leadership changes were announced.

Envirotech Vehicles, Inc. (EVTV) filed an SEC Form 8-K — Completion of Acquisition or Disposition of Assets. EX-2.1 2 ex_984534.htm EXHIBIT 2.1 ex_984534.htm Exhibit 2.1 Amended and Restated Agreement and Plan of Merger by and among Azio AI Corporation; Envirotech Vehicles, Inc., EV-AZ Merger Sub, Inc., and Azio AI, LLC Dated as of July 2, 2026 Table of Contents Article I. Definitions a

Envirotech Vehicles reported 2025 revenues of $5.94 million, primarily from its medical supplies segment, although it posted a net loss of $39.13 million, or $(11.54) per share, due to significant inventory write-downs and impairments. The company is shifting its strategic focus from EV sales to medical supplies distribution and drone R&D, completing acquisitions and opening new facilities to support this pivot.

AZIO AI Corporation has provided an update on its strategic discussions with Envirotech Vehicles, Inc. regarding a potential acquisition valued at approximately $480 million. The deal aims to pivot EVTV from electric vehicles to the AI data center space, addressing EVTV's financial challenges and aligning stakeholder interests. The discussions are subject to due diligence, regulatory approvals, and shareholder consent.