Z Squared outlines power-first AI infrastructure strategy
Z Squared Inc. (NASDAQ:ZSQR) outlined a power-first AI infrastructure strategy in a shareholder letter. It agreed July 31 to acquire Paradox Data and a Union County campus in Arkansas with about 8 MW energized capacity, targeting 50 MW interconnection and up to 150 MW firm power. Deal is stock-only, with $5M Series A convertible preferred at close and up to $20M contingent on milestones. Cash was $15.5M as of June 30, 2026.