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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 AIJun 3, 2026
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. 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. 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. 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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