AZIO AI, a next-generation AI infrastructure and compute platform, has announced growing support from a new group of strategic investors as it advances a proposed merger with Envirotech Vehicles, Inc. (NASDAQ: EVTV). The deal is designed to provide AZIO AI with access to public-market infrastructure, enhanced capital flexibility, and a broader platform to support long-term AI infrastructure deployment.
Indicative interest from investors supports an implied purchase price of $3.00 per share, pending final agreements and customary closing conditions. Additional transaction milestones and strategic investment updates are expected in the coming weeks.
Strategic Vision: Sovereign AI Data Centers
AZIO AI is focused on building and supplying sovereign AI data centers, designed to ensure national-level compute independence, secure workloads, and long-term capacity for AI applications. The company is collaborating with Super Micro Computer, Inc. (NASDAQ: SMCI) and other infrastructure partners to execute initiatives across the United States, Asia, Southeast Asia, and South Asia.
By merging with Envirotech Vehicles, AZIO AI gains a publicly traded platform to accelerate its infrastructure roadmap while aligning with a company pursuing advanced technology and energy-adjacent growth initiatives.
Leadership Driving Execution
Chris Young, CEO of AZIO AI, emphasized disciplined, long-term execution:
“AZIO AI was built with a long-term, institutional mindset around infrastructure, capital discipline, and scalable execution,” he said. Young brings experience as a limited partner at Amplify.LA, supporting companies such as FanDuel, Dollar Shave Club, and Figma, highlighting his track record in pairing visionary technology with disciplined governance.
David Shiue, founder of AZIO and President of AZIO AI, has more than 21 years of experience in hardware manufacturing and import, building deep relationships across Taiwan and Asian manufacturing networks.
Gary Chen, Chief Strategy Officer, brings over two decades of experience in hardware manufacturing, enterprise components, and global supply-chain-driven revenue, having driven over $300 million in cumulative sales across North America and Asia.
Implications for AI Infrastructure
The merger and strategic investments are expected to accelerate AZIO AI’s sovereign AI data-center initiatives, positioning the company to deploy compute platforms that support secure AI workloads and scalable operations globally. By combining public-market access, capital flexibility, and existing infrastructure partnerships, AZIO AI aims to expand its footprint in key markets while enabling national-level AI compute independence.
As AI adoption grows across enterprise, government, and industrial sectors, AZIO AI’s strategy underscores the importance of capital-efficient, scalable infrastructure capable of supporting the next generation of AI workloads.
Forward-Looking Outlook
While the transaction remains subject to final agreements and regulatory approvals, the backing from strategic investors reflects confidence in AZIO AI’s long-term infrastructure roadmap, execution discipline, and leadership experience. If completed, the merger would provide a foundation for global AI infrastructure expansion while leveraging Envirotech Vehicles’ public-market platform.
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