BluSky AI to Lease Land in Utah for Data Center Site

Nascent AI cloud firm BluSky AI Inc this week announced the execution of a non-binding Letter of Intent (LOI) to lease approximately 16,000 square feet (1,485 sqm) at 1358 N 200 W, Nephi, in Juab County.

“This location represents a strategic milestone in our multi-state infrastructure roadmap,” said Trent D’Ambrosio, CEO of BluSky AI. “Nephi offers the right mix of scalable power, geographic resilience, and community alignment to support our mission of democratizing access to high-performance AI compute.”

Under the proposed lease terms with TNT Land and Holdings LLC, BluSky AI will pay a base lease rate of $4,000 per month, escalating to $28,000 per month upon full activation of 4MW of capacity. The NNN lease includes a two percent annual escalation, and spans ten years with two optional five-year extensions.