OpenWorld Signs $1B Term Sheet for Solar-Powered AI Computing Network

Key Facts

1OpenWorld entered into a non-binding term sheet with Meridian for a tokenized financing program of up to $1 billion.

2The financing will fund a distributed AI computing network powered by on-site solar energy and residential battery storage.

OpenWorld entered into a non-binding term sheet with Meridian for a tokenized financing program of up to $1 billion, Business Wire reported. The financing is intended to fund the deployment of a distributed AI computing network powered by on-site solar energy and residential battery storage.

The initiative aims to advance real-world asset tokenization by integrating AI computing infrastructure with renewable energy solutions. Regarding market performance, OPNW closed at $3.05 on October 14, 2026, while MRBK closed at $18.44 on the same date.