Agtech-turned-crypto company Avax One signalled another change in direction on Monday after announcing plans to develop a data centre just outside of Calgary. 

The Vancouver-based, publicly-traded Avalanche treasury company said it has signed a letter of intent with Alberta-based energy infrastructure company BlueFlare Energy Solutions to develop a 10-megawatt, modular, artificial intelligence high-performance compute (AI HPC) data centre. 

Slated to be built within an 80-kilometre radius of Calgary, Avax One intends to lease the data centre out upon completion, to an as-of-yet-unspecified client.

The…