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QumulusAI Reports Q1 Loss as Revenue Climbs on GPU Services and Mining

QumulusAI, Inc. logoQumulusAI, Inc.
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QumulusAI reported a Q1 loss while accelerating AI infrastructure expansion. Revenue rose 83% year over year to $3.42 million, aided by the 2025 acquisition of GPU-as-a-Service platform The Cloud Minders. Cryptocurrency mining revenue increased 150% to $368.98 thousand. Chardan initiated coverage with a Buy rating and a $24.50 target.

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