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CleanCore Pledges Up to $500M for Minnesota AI Data Center Venture

CleanCore Pledges Up to $500M for Minnesota AI Data Center Venture

and

tags. We need to translate the text inside tags, but keep tags intact. Also, we need to ensure numbers and facts are accurate. Let's translate paragraph by paragraph. First paragraph: "CleanCore Solutions, a cleaning-products company that holds a large Dogecoin treasury, has committed up to $500 million to a joint venture building an AI data center in Minnesota. The venture has a 10-year colocation agreement with compute company Cerebras, with an estimated contract value of $800 million." Translation: "CleanCore Solutions, et selskap for rengjøringsprodukter som har en stor Dogecoin-reserve, har forpliktet seg til opptil 500 millioner dollar i et joint venture som bygger et AI-datasenter i Minnesota. Selskapet har en 10-årig kolokaliseringsavtale med dataselskapet Cerebras, med en estimert kontraktsverdi på 800 millioner dollar." Note: "colocation agreement" = kolokaliseringsavtale (or samlokalisering). We'll use kolokalisering as it's common in tech. "compute company" = dataselskap? Actually, Cerebras is a compute company, so we can say "beregningsselskap" or "dataselskap". We'll use "dataselskap" but maybe "beregningsselskap" is more precise. We'll keep "Cerebras" as is. Second paragraph: "The joint venture structure" is a heading. So we have

The joint venture structure

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Strukturen til joint venture

or "Joint venture-strukturen". We'll use "Joint venture-strukturen". Then: "CleanCore holds 79% of the joint venture. It must make a $40 million initial contribution — $25 million on closing and up to $15 million within four business days. The company also has an at-the-market facility authorizing up to $750 million in common-stock sales, with AI infrastructure listed as an intended use." Translation: "CleanCore eier 79% av joint venture. Selskapet må gjøre et innledende bidrag på 40 millioner dollar – 25 millioner dollar ved avslutning og opptil 15 millioner dollar innen fire virkedager. Selskapet har også en at-the-market-fasilitet som tillater salg av aksjer for opptil 750 millioner dollar, med AI-infrastruktur oppført som et tiltenkt bruksområde." We need to keep "at-the-market" as it's a financial term, maybe "at-the-market-fasilitet" is fine. We'll use "at-the-market-fasilitet" or "markedssalgsfasilitet"? Actually, "at-the-market" is often kept in English. We'll keep it. Next: "The joint venture agreement includes dilution mechanisms for funding shortfalls. The filing does not disclose whether those mechanisms affect CleanCore's ownership percentage, its economic rights, or both." Translation: "Joint venture-avtalen inkluderer fortynningsmekanismer for finansieringsunderskudd. Innleveringen opplyser ikke om disse mekanismene påvirker CleanCores eierandel, økonomiske rettigheter, eller begge deler." Next: "Funding sources and risks" heading:

Funding sources and risks

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Finansieringskilder og risikoer

Then: "As of March 31, CleanCore reported about $4.1 million in cash and cash equivalents, $13 million in restricted cash, and a $169 million accumulated deficit. The company has a going-concern doubt in its financial statements." Translation: "Per 31. mars rapporterte CleanCore omtrent 4,1 millioner dollar i kontanter og kontantekvivalenter, 13 millioner dollar i begrensede kontanter, og et akkumulert underskudd på 169 millioner dollar. Selskapet har en fortsatt drift-tvil i sine finansielle rapporter." We need to handle "going-concern doubt" - that's a technical term. We can say "betydelig tvil om fortsatt drift" or "going concern-tvil". We'll use "going concern-tvil" as it's common. Next: "As of June 2, CleanCore had sold about 200 million DOGE for $18.4 million, transferred 70 million DOGE for services, and retained 463,060,889 DOGE valued at about $44.3 million. The filing does not confirm that Dogecoin proceeds are earmarked for the Minnesota project." Translation: "Per 2. juni hadde CleanCore solgt omtrent 200 millioner DOGE for 18,4 millioner dollar, overført 70 millioner DOGE for tjenester, og beholdt 463 060 889 DOGE verdsatt til omtrent 44,3 millioner dollar. Innleveringen bekrefter ikke at Dogecoin-inntektene er øremerket Minnesota-prosjektet." Note: Use spaces for thousands? In Norwegian, we often use spaces or dots. We'll keep numbers as in original: 463,060,889 -> we can write "463 060 889" or keep comma? In Norwegian, we use comma as decimal separator, but here it's thousands separator. We'll keep the original format but maybe adjust to Norwegian style? The instruction says "Keep all facts, numbers, and data accurate" so we should keep the numbers exactly as they appear. We'll write "463,060,889" as is, but maybe we can use spaces? Actually, in Norwegian, we use spaces for thousands, but to avoid confusion, we can keep the original formatting. We'll keep it as "463,060,889" but note that in Norwegian we would say "463 060 889". We'll keep the original to be safe. Next: "The Cerebras deal and power" heading:

The Cerebras deal and power

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Cerebras-avtalen og strøm

or "kraft" - "power" here likely means electrical power. We'll use "strøm" or "kraft". We'll use "strøm". Then: "The colocation agreement with Cerebras runs 10 years, with two optional 10-year renewals that could push the total contract value above $3 billion. About 20 MW of utility power was already energized to support an initial 15 MW of critical IT load." Translation: "Kolokaliseringsavtalen med Cerebras varer i 10 år, med to valgfrie 10-års fornyelser som kan presse den totale kontraktsverdien over 3 milliarder dollar. Omtrent 20 MW strøm fra nettet var allerede energisert for å støtte en innledende kritisk IT-last på 15 MW." We need to handle "utility power" - we can say "nettstrøm" or "kraft fra nettet". "Energized" - we can say "tilkoblet" or "aktivert". We'll say "var allerede tilkoblet" or "var allerede energisert". We'll use "var allerede tilkoblet" for simplicity. Next: "The Minnesota transaction had not yet closed as of the filing, and neither initial installment had been deposited." Translation: "Minnesota-transaksjonen var ennå ikke avsluttet per innleveringen, og ingen av de innledende avdragene var innbetalt." Next: "A second venture in West Texas" heading:

A second venture in West Texas

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Et nytt prosjekt i Vest-Texas

or "Et andre prosjekt". We'll use "Et andre prosjekt i Vest-Texas". Then: "CleanCore also announced a separate West Texas platform venture with up to $100 million in initial cash contributions and aggregate commitments