Armenia 'Eleveight AI' AI Data Center Opening Ceremony Held and 'G-NEXT GPU Cloud' Business Negotiations Start

G-NEXT Inc. (Headquarters: Chiyoda-ku, Tokyo; Representative Director: Minoru Murata; Securities Code: 4179; hereinafter 'G-NEXT') announces that its business partner Eleveight AI (Headquarters: Yerevan, Republic of Armenia; Representative: Arman Aleksanian; hereinafter 'Eleveight AI') held a grand opening ceremony for an AI data center in the Gagarin region of the Republic of Armenia on June 1, 2026 (local time). MAIA Inc. (Headquarters: Minato-ku, Tokyo; Representative Director: Tigran Poghosyan), a partner of both companies and the exclusive partner for the Japanese market, participated in the ceremony. Furthermore, regarding the Japan-localized GPU cloud service 'G-NEXT GPU Cloud' which uses this data center as its computing foundation, following an overwhelming number of inquiries received since the start of advance notice on May 14, 2026, the company will begin accepting business negotiations for specific introductions from today, June 3, 2026. On June 1, 2026 (local time), Eleveight AI's AI factory was officially opened in the Gagarin region of the Republic of Armenia, and an opening ceremony was held. The ceremony was attended by numerous government officials from the Republic of Armenia, representatives from various embassies, technology industry figures, investors, and media personnel, and was conducted in a festive atmosphere. Key points of this AI factory include: it is the first AI factory in Armenia and the South Caucasus region equipped with NVIDIA Blackwell B300; it features a large-scale design anticipating up to 35MW in the future; it supports large language model (LLM) training, generative AI, and enterprise AI workloads; it operates on a sustainable computing infrastructure utilizing renewable energy; and it represents a national strategic initiative including a Memorandum of Understanding (MoU) with the Ministry of High-Tech Industry of Armenia. As announced in the 'Notice of Start of Advance Notice for G-NEXT GPU Cloud' dated May 14, 2026, G-NEXT had already begun advance notice for this Japan-localized GPU cloud service. Since the start of advance notice, the company has received inquiries exceeding expectations from a wide range of customers, including research institutions, large and medium-sized enterprises, AI startups, SIers, and cloud providers. Following the official opening of the AI data center on June 1, 2026, the company is now accepting business negotiations to handle more specific consultations regarding introduction conditions and securing computing resources. The content of the business negotiations includes proposals for computing resource scale and configuration based on specific use cases, individual consultations on pricing plans and contract terms, and consultations on Proof of Concept (PoC) and trial usage. Application and inquiry methods include the application form (https://gnext-gpucloud.com/contact/) and inquiries directed to G-NEXT Inc., GPU Cloud Division, via email at info-ir@gnext.co.jp. This acceptance of business negotiations is for consultation on service content and conditions and does not guarantee contract conclusion. Final service provision terms, availability, and timing will be determined based on a separately concluded contract. Priority allocation and provision timing of computing resources may vary depending on negotiation status. Formal contracts are scheduled to be concluded upon the start of commercial service in July 2026 or later. The expected future schedule includes: delivery completion of NVIDIA DGX B300 Blackwell GPUs in March 2026 (disclosed); infrastructure construction and verification from April 2026; start of advance notice for 'G-NEXT GPU Cloud' on May 14, 2026 (disclosed); Eleveight AI AI Data Center opening ceremony on June 1, 2026; start of business negotiations for 'G-NEXT GPU Cloud' on June 3, 2026 (this release); and commercial service launch for 'G-NEXT GPU Cloud' scheduled for July 2026 or later. The commercial launch timing and various schedules are subject to change based on progress. Representative Director Minoru Murata commented, 'The official opening of Eleveight AI's AI data center as the first AI factory equipped with NVIDIA Blackwell B300 in Armenia and the South Caucasus region is a tremendous step forward for our AI infrastructure services. Since the advance notice stage, we have received interest exceeding expectations from Japanese customers. By starting business negotiations today, we will provide more concrete support for AI development and social implementation by Japanese research institutions and companies that require world-class computing resources. Going forward, we will procure GPUs, servers, and peripheral services such as liquid cooling ourselves, and promote the localization of our own GPU cloud services and AI data center business for Japan and the Asian region.' The company believes the impact of starting these business negotiations on its current consolidated business performance will be minor. However, AI infrastructure services are positioned as one of the pillars of the company's medium- to long-term growth strategy, and the company aims to cultivate them as a revenue base after the commercial service launch. If an impact on business performance becomes foreseeable, the company will promptly make timely disclosures. Overview of Eleveight AI: Company Name: Eleveight AI; Representative: Co-Founder & CEO Arman Aleksanian; Headquarters: Yerevan, Republic of Armenia; Business: Development and operation of AI-specialized data centers, provision of GPU-based computing resources; Website: https://eleveight.ai/. Overview of the AI Data Center (AI Factory): Location: Gagarin region, Gegharkunik Province, Republic of Armenia; Site Area: Approximately 10,000 square meters (including solar station); Building Area: Approximately 2,500 square meters; Facility Power: Expected to scale up to 35MW in the future; Power Source: Utilizes renewable energy including on-site solar power generation; Installed GPU: NVIDIA Blackwell B300 (first in Armenia and the South Caucasus).