Digi Power X commits $35M to NVIDIA's next-gen Vera Rubin platform to expand GPU cloud business

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Wed, June 3, 2026 astatine 7:47 AM CDT 2 min read

Digi Power X Inc (NASDAQ:DGXX, FRA:1NQ0, NEO:DGX) has committed $35 cardinal to get NVIDIA's next-generation Vera Rubin systems arsenic it scales its NeoCloudz GPU-as-a-Service platform, the AI information halfway infrastructure institution said Wednesday.

The Vera Rubin level is NVIDIA's rack-scale successor to Blackwell, pairing Rubin GPUs with 288GB HBM4 representation and an 88-core Vera CPU implicit NVLink 6.

Initial deployment is targeted for Q1 2027, taxable to NVIDIA's accumulation and transportation schedule, with the acquisition to beryllium funded from currency connected hand.

The announcement comes arsenic Digi Power X reported its NeoCloudz level has been processing AI workloads connected its deployed fleet of NVIDIA B200 and B300 GPUs continuously since mid-May 2026, with the institution recognizing its archetypal AI-related revenues that aforesaid month.

Construction of the company's purpose-built AI information halfway field successful Alabama remains connected track, with Phase 1 targeting 15 MW of IT load acceptable for a ready-for-service day of December 15, 2026. Full 40 MW deployment is targeted by the extremity of Q1 2027.

The institution said it has secured commitments for each large long-lead instrumentality required for Phase 1, including captious electrical and switchgear infrastructure, portion the on-site substation is implicit and grid interconnection has been finalized.

CFO Paul Ciullo said the institution held astir $150 cardinal successful currency and currency equivalents, with astir $65 cardinal of superior already deployed into the Alabama tract year-to-date from its ain resources. "We are backing this enlargement from a presumption of existent strength," Ciullo said.

President Alec Amar said the institution is expanding its engineering and operations squad retired of a caller Silicon Valley office, alongside Chief Technology Officer Jagan Jeyapaul, to presumption itself wrong the AI ecosystem and person to customers and partners.

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