Azio AI Holdings, Inc. has named Atlas One as the first development phase of Project Atlas, consolidating land, power, connectivity and modular compute infrastructure the company has assembled in South Texas since May 2026 under a single project identity. The site spans more than 548 acres, with a design target of up to 500 MW of planned behind-the-meter power capacity, the company announced August 20, 2026.

Azio, formerly known as Envirotech Vehicles, Inc. has repositioned itself around an integrated compute infrastructure platform spanning GPU and compute system sales, energy-backed AI hosting, and company-operated Bitcoin mining.

Power secured, workload proven, then scale

Azio’s build-out at the site has followed a specific sequence: secure behind-the-meter power, prove it under a real operating workload, then expand against demonstrated performance rather than projections. The company has secured approximately 11 MW of behind-the-meter natural gas generation capacity and supporting electrical infrastructure at the property to date. Azio has activated approximately 6 MW of that secured capacity and used it to run Bitcoin mining infrastructure as an initial test workload, a deployment that has run for several months and delivered approximately 97.8% uptime over the measured period.

Azio was explicit that this figure applies only to the Bitcoin mining ASIC workload it measured during that period and does not represent a service level commitment or a benchmark for AI or high-performance computing availability. The company had no contracted AI hosting capacity at the site as of the announcement.

The up to 500 MW figure represents engineered design capacity for the same 548-acre property and is additional to, not inclusive of, the 11 MW secured to date. Azio said realizing any portion of that planned capacity will require additional generation, equipment, permitting, financing and customer commitments, and that it intends to announce capacity as it secures and activates it rather than in advance.

Azio is now directing capital, equipment and engineering resources toward completing the initial 11 MW phase, including additional compute containers, generation and electrical infrastructure, natural gas pipeline and metering work, and fiber and site improvements.

Connectivity and gas infrastructure underway

Azio has committed approximately $2.4 million to dedicated enterprise fiber connectivity at the site under a Master Services Agreement with AT&T. The company has also backed the site’s natural gas pipeline and metering buildout with gas studies and engineering reports and is advancing interconnection planning. Azio estimates power costs at the site’s mining deployment near $0.03 per kilowatt-hour.

Separate business lines feed the same infrastructure thesis

Azio’s GPU and compute systems sales business, including a sales pipeline for up to 128 Nvidia HGX B300 systems the company disclosed August 6, 2026, is a separate commercial arrangement from Atlas One. Its hosting agreement with Power Champion Investment Limited, announced July 9, 2026, is likewise separate from the Atlas One project.

Azio said both arrangements reflect the type of hosting and hardware demand Atlas One’s infrastructure aims to serve.

Azio plans to retain designated capacity at Atlas One for company-operated Bitcoin mining even as later phases target AI and high-performance computing hosting. The company will designate future sites Atlas Two, Atlas Three and so on as it announces them.

Chris Young, Azio’s chief executive officer and chairman, said the company built Atlas One over several months and is naming it now to signal that the land, power, fiber and compute form one project on one site rather than a series of disconnected announcements. Young said Azio prioritized behind-the-meter generation because energized power, not chip supply, has become the binding constraint on AI compute development, with utility interconnection queues in most U.S. markets now running multiple years. He said the Bitcoin mining deployment served as proof before scaling further, describing the resulting uptime as “a mining workload, not an AI service level,” and said the company’s focus now is completing the 11 MW phase and converting infrastructure into customer agreements.

What’s next

Azio’s near-term priorities include completing infrastructure for the initial 11 MW phase, activating additional compute containers and generation, advancing the gas pipeline and metering buildout, completing the AT&T fiber connectivity, developing redundancy and cooling infrastructure for AI and high-density workloads, and pursuing customer hosting and offtake agreements while advancing permitting and engineering work toward the broader 500 MW capacity plan.

Elsewhere, Singularity Future Technology Ltd. has entered a non-binding framework agreement to evaluate a 900-acre site in Florence, South Carolina, for a potential AI and high-performance computing campus.

Fact Sheet: Atlas One, first phase of Project Atlas

• Developer: Azio AI Holdings, Inc, formerly Envirotech Vehicles, Inc.
• Project: Atlas One, first named phase of Project Atlas
• Location: South Texas
• Site size: More than 548 acres
• Behind-the-meter power secured to date: Approximately 11 MW (natural gas)
• Compute capacity activated: Approximately 6 MW (part of the 11 MW secured, not additional to it)
• Uptime of activated deployment: Approximately 97.8% (Bitcoin mining workload; not an AI/HPC service level commitment)
• Planned power capacity: Up to 500 MW behind-the-meter (engineered target, additional to the 11 MW secured; not yet secured, activated or contracted)
• Estimated power cost: Near $0.03/kWh at the mining deployment
• Connectivity investment: Approximately $2.4 million committed to dedicated fiber under an AT&T Master Services Agreement
• Contracted AI hosting capacity at site: None, as of announcement date
• Announcement date: August 20, 2026