OpenWorld signs term sheet for $1B solar-powered AI network

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Go back to OpenWorld signs term sheet for $1B solar-powered AI network

OpenWorld (NASDAQ: OPNW) Signs Term Sheet to Finance and Operate a Solar-Powered AI Computing Network Built on Tesla Powerwall Batteries

October 14, 2026 8:28 AM EDT

LAS VEGAS, NV, Oct 14, 2026 - (JCN Newswire) - - OpenWorld, Inc. ("OpenWorld" or the "Company") (NASDAQ: OPNW), an innovation company advancing global real-world asset ("RWA") tokenization, today announced that it has entered into a non-binding term sheet with Meridian to establish a tokenized financing program of up to $[1] billion to fund the purchase and deployment of a distributed AI computing network powered by solar energy and Tesla Powerwall battery storage. Under the term sheet, OpenWorld will serve as advisor, structuring agent and services provider for the program, and its OpenWorld Enterprise platform will... More