Soluna and Gynger Partner to Make Sustainable AI Computing More Accessible with Flexible Financing
December 16 2024 - 8:00AM
Business Wire
Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH),
a developer of green data centers for intensive computing
applications including Bitcoin mining and AI, announced a strategic
partnership between its subsidiary Soluna Cloud and Gynger, the
leading embedded payments platform for technology.
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Soluna and Gynger Partner to Make
Sustainable AI Computing More Accessible with Flexible Financing
(Graphic: Business Wire)
The Soluna Cloud and Gynger partnership aims to make
renewable-powered high-performance computing solutions more
accessible to customers. Through this partnership, Soluna’s clients
will benefit from flexible payment options provided by Gynger,
enabling them to adopt Soluna’s cutting-edge AI Cloud without the
burden of upfront costs.
"Our partnership with Gynger reflects our commitment to not only
providing high-performance and environmentally sustainable
computing solutions but also to ensuring our clients have flexible
financial options to support their growth," said John Belizaire,
CEO of Soluna. "Together, we’re removing financial barriers,
allowing customers to access the technology they need to stay
competitive."
Gynger provides partners like Soluna the opportunity to extend
turnkey flexible payment options to their customers without
hindering access to mission-critical solutions. With Gynger,
Soluna’s clients also gain access to non-dilutive capital and
cash-flow management tools necessary to manage their technology
expenses efficiently. This allows Soluna's customers to scale their
operations with financial agility, paying for technology while
ensuring operational continuity.
“Investing in sustainable digital infrastructure is one of the
most significant ways we can prepare industries for the AI-driven
economy of tomorrow,” commented Mark Ghermazian, Gynger’s Founder
and CEO. “Gynger is excited to partner with Soluna Cloud to help
make renewables-powered data management more accessible across all
sectors of industry.”
Learn more about financing with Gynger here.
About Gynger
Gynger is the embedded financing platform for buyers &
sellers of technology. Gynger for Buyers enables businesses to
purchase the technology needed to scale now, while paying for it
later. Gynger for Vendors equips the revenue teams of leading
technology vendors with a seamlessly integrated sales acceleration
tool that enables them to instantly offer flexible payment term
options to their customers, while still getting paid upfront by
Gynger. For more information, visit www.gynger.io
About Soluna Holdings, Inc (SLNH)
Soluna is on a mission to make renewable energy a global
superpower using computing as a catalyst. The company designs,
develops, and operates digital infrastructure that transforms
surplus renewable energy into global computing resources. Soluna’s
pioneering data centers are strategically co-located with wind,
solar, or hydroelectric power plants to support high-performance
computing applications including Bitcoin Mining, Generative AI, and
other compute-intensive applications. Soluna’s proprietary software
MaestroOS(™) helps energize a greener grid while delivering
cost-effective and sustainable computing solutions, and superior
returns. To learn more visit solunacomputing.com. Follow us on X
(formerly Twitter) at @SolunaHoldings.
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