Digi Power X Updates on Financial and Operations Progress

Digi Power X Inc., an AI data center infrastructure operator, has announced progress in its construction and financial endeavors. The company's AI data center campus construction is on schedule. The first phase is slated for service by December 2026, with subsequent phases following in early 2027. The company has secured all necessary long-lead equipment, mitigating significant scheduling risks.

NeoCloudz, Digi Power X's GPU-as-a-Service platform, is operational and generating AI revenues. The company plans to establish a Silicon Valley office by August 2026 to support this platform. Project-level financing efforts are underway, aligning with the company's non-dilutive debt preference to finance its expansion.

Financially robust, Digi Power X retains $155 million in cash and has invested $95 million in its Alabama site. The company holds no long-term debt, relying on internal resources for growth. Looking ahead to 2027, Digi Power X targets annualized revenues of $250-$300 million across AI colocation, NeoCloudz, and energy sales.