Forum Edge AI signs $94.4 million Fireworks AI deal for Nvidia B300 capacity in Dallas
In brief
- Forum Edge AI signed a $94.4 million, three-year compute contract with Fireworks AI.
- Fireworks AI gains Nvidia B300 GPU capacity at the venture's Dallas data center.
- Forum Markets (FRMM) owns 51% of the venture; Edge Node Inc. owns 49%.
- Forum Markets guides for $125 million to $175 million in 2027 consolidated revenue.
Who owns what
Forum Markets Inc. (which trades under the ticker FRMM) holds 51% of Forum Edge AI LLC, and Edge Node Inc. holds the remaining 49%. Each partner has a clear job. Edge Node brings the technical and operational side (including its status as an approved Nvidia partner), while Forum's role is to help finance and supply the infrastructure that AI workloads run on.
Forum Markets has historically operated in areas including aerospace and AI-powered finance.
Inference, not training
The venture is focused on AI inference rather than model training. It's going after pre-powered urban sites, locations that already have electrical capacity in place and sit closer to end users, which helps reduce latency, according to the report. Fireworks AI is itself an inference services provider.
Most of the planned capacity isn't online yet.
About 2 megawatts are currently operational in Dallas, with plans to ramp the site to 4 megawatts. The broader plan targets initial capacity of around 11 megawatts, which would support roughly 4,376 Nvidia B300 and GB300 GPUs across several sites. Forum Markets is aiming for a campus in High Point, North Carolina, to reach 6 megawatts by the first quarter of 2027, and it expects a Texas tower site to add another 1 to 2 megawatts by mid-2027. Those are company timelines, not completed builds.
Guidance and funding
Forum Markets set 2027 consolidated revenue guidance of $125 million to $175 million, announced alongside the venture's formation. The company also said it anticipates reaching positive cash flow by early 2027. Both figures are projections, and neither has been reported as a result.
Funding is where the structure gets more specific. Forum Markets says no new equity is needed for what it calls Phase 0 of the project, and that capital spending relies on customer deposits and equipment financing instead.
Frequently asked questions
How is Forum Edge AI funding its data center buildout?
Forum Markets says no new equity is needed for what it calls Phase 0 of the project. Capital spending instead relies on customer deposits and equipment financing, according to the company's announcement as reported by Crypto Briefing.
How much GPU capacity is Forum Edge AI planning?
The plan targets initial capacity of around 11 megawatts, which would support roughly 4,376 Nvidia B300 and GB300 GPUs across several sites. About 2 megawatts are operational in Dallas today, with company targets for High Point, North Carolina, and a Texas tower site in 2027.
