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Digi Power X commits $35 million to NVIDIA's Vera Rubin GPU systems, targeting Q1 2027 deployment for its NeoCloudz platform

Yahoo Finance AI15h ago2 min read
Digi Power X commits $35 million to NVIDIA's Vera Rubin GPU systems, targeting Q1 2027 deployment for its NeoCloudz platform

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3 Key Points

  1. 1

    Digi Power X Inc has committed $35 million to acquire NVIDIA's next-generation Vera Rubin systems to scale its NeoCloudz GPU-as-a-Service platform, with initial deployment targeted for Q1 2027, subject to NVIDIA's production and delivery schedule.

  2. 2

    The Vera Rubin platform pairs Rubin GPUs with 288GB HBM4 memory and an 88-core Vera CPU over NVLink 6. Digi Power X has been processing AI workloads on its deployed fleet of NVIDIA B200 and B300 GPUs since mid-May 2026, and recognized its first AI-related revenues that same month.

  3. 3

    The company's Alabama data center Phase 1, targeting 15 MW of IT load, is set for a ready-for-service date of December 15, 2026, with full 40 MW deployment targeted by the end of Q1 2027. The company held approximately $150 million in cash and cash equivalents, with roughly $65 million of capital already deployed into the Alabama site year-to-date.

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