Jericho Energy Ventures and Comstock Form AI Infrastructure Joint Venture

Jericho Energy Ventures Inc. and Comstock Holding Companies have signed a definitive agreement to establish a joint venture named Oklahoma AI Ventures LLC. This strategic partnership focuses on integrating Jericho's energy infrastructure with Comstock's real estate expertise to develop scalable AI infrastructure in Oklahoma.

The joint venture aims to create large-scale AI data center campuses by acquiring and developing land around Jericho's existing infrastructure. Comstock has pledged up to $10 million for this venture, with an emphasis on leveraging Jericho's assets like energy and fiber connectivity.

With Comstock contributing development skills and Jericho providing critical assets, the partnership targets the increasing demand for AI infrastructure. This venture seeks to capitalize on Jericho's land and energy resources to support the growing AI market.