24/7 Market News Snapshot 30 April, 2025 – Jet.AI Inc. Common Stock (NASDAQ:JTAI)

April 30, 2025

DENVER, Colo., 30 April, 2025 (www.247marketnews.com) – (NASDAQ:JTAI) are discussed in this article.
Jet.AI Inc. (JTAI) is currently witnessing notable pre-market momentum, with shares trading at $4.34, marking a 13.61% increase from the prior close of $3.82. This uptick, complemented by a significant trading volume of 3.16 million shares, underscores heightened investor interest and market enthusiasm. Observations indicate potential support levels around the previous closing price, while resistance may develop near recent highs. The sustainability of this rally will largely depend on ongoing trading volume and market reactions.

In tandem with this positive market performance, Jet.AI has announced a strategic joint venture with Consensus Core Technologies Inc., recognized for its expertise in high-performance GPU infrastructure and AI cloud services. This partnership is aimed at capitalizing on the surging demand for AI computing capabilities, with plans to develop two cutting-edge hyperscale data center campuses.

These projects are estimated to deliver a total of approximately 1.5 gigawatts of power capacity. The initial Midwestern Project is currently operating with a 2-megawatt capacity, with ambitions to scale up to 100 megawatts within a year, potentially yielding around $100 million in net operating income once stabilized. Jet.AI plans to invest $2 million for a 20% general partner interest and an 8% equity stake in the venture, with options to further increase its investment to $20 million, highlighting significant growth prospects.

Mike Winston, Founder and Executive Chairman of Jet.AI, expressed optimism regarding the venture, emphasizing its potential for generating recurring cash flow and appreciating equity as the campuses become operational. This joint initiative not only fortifies Jet.AI’s standing in the burgeoning AI infrastructure market but also illustrates its commitment to delivering innovative data center solutions that meet the increasing demands of technology applications.

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