AVAX One Launches AI Inference Pilot, Testing Conversion of Excess Power Capacity to Higher-Value AI Workloads

Pilot Expected to Go Live Within Approximately 12 weeks; Serves as Initial Proof Point for the Company's AI/HPC Data Center Program in Alberta WEST PALM BEACH, FL, June 16, 2026 (GLOBE NEWSWIRE) -- AVAX One Technology Ltd. (Nasdaq: AVX) ("AVAX One” or the "Company"), today announced the launch of an initial AI inference pilot at its existing Redwater facility to test the conversion of approximately 100 kilowatts of excess capacity from Bitcoin mining to AI workloads. Management expects the pilot