Jericho Energy Ventures and Smartkem Announce Merger to Form Nasdaq-Listed AI Infrastructure Company

Reuters
2025.11.05 18:42
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Jericho Energy Ventures Inc. and Smartkem have proposed a merger to create a Nasdaq-listed AI infrastructure company. This merger aims to combine low-cost domestic energy resources with advanced semiconductor technologies to meet the growing demand for AI computing. The new entity will utilize Jericho's energy assets in Oklahoma and Smartkem's semiconductor expertise to develop infrastructure tailored for AI workloads.