tiprankstipranks
Advertisement
Advertisement

Digi Power X signs colocation agreement with AI compute company

Digi Power X (DGXX) announced the execution of a Master Services Agreement with Cerebras Systems for the colocation of a purpose-built, 40 megawatt AI data center campus located in Columbiana, Alabama. The initial 10-year term is valued at approximately $1.1 billion, with total potential contract value of up to $2.5 billion inclusive of renewal terms – underpinned by a structure that provides Digi Power X with long-term revenue visibility, and Cerebras with guaranteed data center capacity, from the first day of service.

Claim 55% Off TipRanks

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1