Duos Technologies Signs $200M AI Infrastructure Deal and Appoints New CEO
Key Facts
- •Duos Technologies signed a $200M non-binding LOI with Hydra Host to deploy an NVIDIA GPU cluster.
- •The agreement is expected to deliver over $40M in annual EBITDA.
- •Doug Recker has been appointed as the new CEO to lead the AI infrastructure expansion.
- •The company secured a 10MW site to accelerate distributed AI infrastructure deployment in 2026.
Duos Technologies Group, Inc. (DUOT) announced a significant strategic shift into AI infrastructure hosting through a $200 million non-binding Letter of Intent (LOI) with Hydra Host. The agreement focuses on deploying an NVIDIA GPU cluster and is projected to generate over $40 million in annual EBITDA. To spearhead this expansion, the company has appointed Doug Recker as its new CEO, bringing specialized leadership to its AI initiatives. Furthermore, Duos has secured a 10MW site to accelerate the deployment of distributed AI infrastructure, targeting a full rollout in 2026. This pivot represents a transformative growth opportunity for the company as it capitalizes on the rising demand for high-density GPU hosting and advanced AI applications.
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