Forum Markets wants a piece of the AI boom. It is not starting with a sprawling new data center in the desert. It is starting with buildings that already have the power turned on. The Nasdaq-listed company (ticker: FRMM) announced on October 5, 2026, that it is forming Forum Edge AI LLC, a joint venture with Edge Node AI. The plan is to deploy distributed edge computing infrastructure at pre-powered urban sites across the United States, aimed squarely at the AI inference market. That market is projected to reach $255 billion by 2030. The deal, broken down Forum owns 51% of the new venture. That majority stake lets Forum consolidate the JV’s financial results onto its own books. Edge Node AI holds the remaining 49% and brings the technical expertise. It is also an approved Nvidia partner, which matters when your entire business depends on getting your hands on GPUs. The initial buildout targets around 11 MW of total capacity and 4,376 GPUs spread across multiple locations. Three initial sites are planned. One is a data center in Dallas, which is expected to grow from 2 MW to approximately 4 MW by mid-2027. Another is a 9 MW campus in High Point, North Carolina. About 6 MW of that is...
Forum targets $255B AI inference market with new edge computing sites
5 days ago
14
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