Company set to sell majority stake to BUUU

Chinese manufacturers, like Brightray, see significant potential in the U.S. #datacentre market due to its strong demand and substantial #investments from #techgiants. Despite geopolitical tensions and concerns about #cybersecurity and reliance on Chinese components, #China remains a crucial part of the U.S. #datacentresupplychain, providing essential materials and equipment. https://www.cnbc.com/2026/09/26/china-us-ai-data-centers.html?eicker.news #tech #news #ainews

Brightray Science Inc. has signed a new agreement for a 40MW AI data center in Macao. This innovative project utilizes prefabricated technology aimed at improving construction efficiency and environmental sustainability.

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BUUU Group has signed a definitive agreement to acquire a majority stake in Brightray Science Inc., alongside raising over $60 million. This move aims to strengthen its position in the AI-driven data center market.

BUUU Group Limited has announced its plan to acquire a 60% stake in Brightray Science Inc., enhancing its focus on AI data center solutions, supported by over $60 million in private placements.

BUUU Group Limited has signed a definitive agreement to acquire a majority stake in Brightray Science Inc., raising over $60 million to boost AI data center capabilities.

BUUU Group Limited has secured a definitive agreement to acquire a 60% stake in Brightray Science Inc., enhancing its focus on AI-driven data center solutions.

Reported Thursday, Sep 3 - 9:24am EDT (TheFly subscription required to read more.)

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