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

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

OpenWorld (NASDAQ: OPNW) Signs Term Sheet to Finance Solar-Powered, Distributed AI Computing Network Initially Integrated with Residential Battery Storage with Tokenized Financing Program of up to $1

October 15, 2026 8:30 AM EDT

Agreement is entered into with Meridian, a venture led by former Tesla Board Observer and Private Equity Investor with experience in Solar City, now Tesla, and Twitter Go Private

LAKE MARY, Fla.--(BUSINESS WIRE)-- 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 on-site solar... More