The expansion of Cloud AI Hosting is a significant step towards NextGen's goal of building a larger fleet of GPUs for Cloud AI Hosting. The company plans to continue acquiring additional workstations on a rolling basis to balance capacity and cost-effectiveness, while also anticipating the potential release of Nvidia’s RTX 50 series GPUs next year. Alongside this, NextGen has initiated an advertising campaign to increase sales on PCSections.com by enhancing its visibility in the competitive e-commerce market and reaching a broader audience through social media advertising.
Key takeaways:
- NextGen Digital Platforms Inc. has announced the purchase of additional workstations for its online hardware-as-a-service business, Cloud AI Hosting, and the launch of a new digital marketing campaign for its e-commerce platform, PCSections.com.
- The two new workstations, each containing one graphics processing unit (GPU), are expected to generate revenue upon delivery and setup, further increasing the company's operational cashflow.
- The company is also planning to continue acquiring additional workstations on a rolling basis to balance capacity and cost-effectiveness, while also anticipating the potential release of Nvidia’s RTX 50 series GPUs next year.
- In addition, NextGen has initiated an advertising campaign aimed at driving traffic and increasing sales on PCSections.com, leveraging social media advertising to reach a broader audience.