DigiPower X
DigiPower X is a vertically integrated AI infrastructure company that owns the full stack from power generation through Tier III modular data centers to bare-metal NVIDIA Blackwell GPU clusters, serving AI labs, hyperscalers, and sovereign AI customers through colocation, GPU-as-a-Service (NeoCloudz), and modular hardware sales.
- Company typePublic
- Founded2017
- HeadquartersToronto, Canada
- Headcount11–50
- GTM typeB2B
- OfferingServices
What DigiPower X does
DigiPower X (NASDAQ: DGXX; Cboe Canada: DGX) is a vertically integrated AI infrastructure company that owns and operates the full stack from power generation through high-density substations, Tier III modular data centers, and bare-metal NVIDIA Blackwell GPU clusters delivered through its wholly-owned NeoCloudz platform. The company is the product of a strategic pivot completed during 2025, when it wound down its legacy cryptocurrency mining operations and redeployed capital and personnel toward AI infrastructure. FY2025 reported revenue of $34.2 million split across colocation ($17.5M, +11% YoY) and energy ($13.2M, +186% YoY) is transitioning into contracted AI revenue beginning May 2026, anchored by a $19.6 million, 24-month bare-metal GPU agreement with SubQ AI and a $1.1 billion Master Services Agreement with Cerebras Systems (potentially $2.5 billion inclusive of renewals) for a purpose-built 40 MW AI campus in Columbiana, Alabama.
The core technical stack combines owned power generation (natural gas, solar, grid interconnects), dedicated on-site substations, Tier III data centers engineered for 99.99% availability with N+1 redundancy, direct-to-chip liquid cooling supporting GPU-density cabinets up to 250 kW/rack, and a 400 Gb/s InfiniBand fabric with sub-microsecond east-west latency. The proprietary ARMS (AI-Ready Modular Solution) platform enables approximately 180-day deployment of modular Tier III facilities, and the NeoCloudz bare-metal GPU platform provisions compute in under 60 seconds without virtualization overhead. A 55%-owned subsidiary, US Data Centers, Inc. (USDC), co-founded with former Verizon CEO Hans Vestberg, commercializes the ARMS platform as a globally distributed hardware product separate from the company's domestic colocation and GPU-as-a-Service revenue lines.
DigiPowerX's commercial model is B2B enterprise sales-led, with direct field engagement targeting AI labs, hyperscale cloud providers, sovereign AI initiatives, and colocation tenants through custom proposals (sales contact: 888-474-9222). Revenue mechanics span recurring colocation subscriptions, usage-based GPU-as-a-Service via NeoCloudz, and hardware sales through USDC. The company has four U.S. data center campuses in development across Alabama, Upstate New York, North Carolina, and a contemplated West Virginia site (Pleasants Power Station, 1.3 GW), with a 400+ MW capacity target and a multi-gigawatt ambition by 2030. Capital structure as of FY2025 year-end is zero-debt with $78.5 million in cash, supplemented by an up-to-$75 million ATM equity facility arranged with A.G.P./Alliance Global Partners to fund continued buildout.
DigiPower X firmographics
Firmographics- Name
- DigiPower X
- Legal name
- DigiPowerX, Inc.
- Website
- https://digipowerx.com
- Company type
- Public
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- DigiPower X is a vertically integrated AI infrastructure company that owns the full stack from power generation through Tier III modular data centers to bare-metal NVIDIA Blackwell GPU clusters, serving AI labs, hyperscalers, and sovereign AI customers through colocation, GPU-as-a-Service (NeoCloudz), and modular hardware sales.
- Ownership category
- akta.pro rank
DigiPower X industry classification
Industry- Product category
- AI Infrastructure / Data Center Services
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518), Computer Facilities Management Services (541513), Computer Systems Design and Related Services (54151)
- SIC
- Services-Computer Integrated Systems Design (7373), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- AI Server Systems & HGX/Accelerator Platforms (HDAAAAAB)
- akta.pro secondary industries
- AI Datacenter Power, Cooling & Racks (liquid cooling, power delivery) (HDAAAAAH), Power Distribution & Switchgear (UPS, PDUs, Busway) (HDABAKAA), Data Center Operations & Managed Services (Remote Hands, NOC/SOC) (HDABANAA), AI Interconnects & Fabric (NVLink/CXL/PCIe/Switches) (HDAAAAAD), AI Networking for Clusters (InfiniBand/Ethernet/RDMA) (HDAAAAAE)
Keywords
Where DigiPower X is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Offices4 records
Markets served
DigiPower X business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Supply Chain, Technology or R&D, Personnel, Operations, Marketing or Sales
Revenue model
- GPU-as-a-Service (NeoCloudz): Bare-metal NVIDIA Blackwell GPU compute delivered directly from owned data centers. Revenue generated from monthly colocation fees tied to delivered kilowatts. First contracted AI revenue with SubQ AI ($19.6M/24-month agreement starting May 2026).
- Colocation Services: Tier III data center colocation where customers bring their own servers into DigiPowerX-owned facilities. Revenue from dedicated access to owned power, high-density cooling, and InfiniBand interconnects. Major deal with Cerebras Systems valued at ~$1.1B over 10 years (potential up to $2.5B).
- Modular Data Center Equipment Sales: US Data Centers Inc. subsidiary (55% owned) manufactures and distributes modular AI data center systems (ARMS platform) to customers including hyperscalers, enterprise customers, and sovereign AI initiatives.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
DigiPower X product offering
Product offeringCore offering
DigiPowerX operates a vertically integrated AI infrastructure platform that owns and operates the full stack from owned power generation and high-voltage substations to Tier III modular data centers and bare-metal GPU compute. It delivers GPU-as-a-Service via the wholly owned NeoCloudz platform (NVIDIA Blackwell clusters, 400Gb/s InfiniBand, provisioned in under 60 seconds), Tier III colocation services with up to 250kW/rack and direct-to-chip liquid cooling, and manufactures modular data center systems via the proprietary ARMS platform commercialized through majority-owned US Data Centers, Inc.
Product overview
DigiPowerX operates a vertically integrated AI infrastructure platform combining multiple products and services: the NeoCloudz GPU-as-a-Service platform providing bare-metal NVIDIA Blackwell compute; data center colocation services with Tier III facilities offering up to 250kW/rack power density and liquid cooling; and US Data Centers, Inc., a majority-owned subsidiary commercializing the proprietary ARMS (AI-Ready Modular Solution) modular data center platform. The company owns and operates the full stack from power generation and substations to Tier III data centers and bare-metal GPU compute, with 400+MW power capacity and 4 data center campuses across Alabama, Upstate New York, and North Carolina.
Differentiator
Problem solved
Functional benefit
Brands
- NeoCloudz: Fully owned subsidiary GPU compute platform delivering bare-metal NVIDIA Blackwell clusters directly from owned data centers
- US Data Centers
- ARMS
Products and services
- NeoCloudz GPU-as-a-Service Platform Bare-metal GPU compute platform delivering NVIDIA Blackwell GPU clusters directly from DigiPowerX-owned data centers. Provides 400Gb/s InfiniBand fabric, no virtualization overhead, provisioning in under 60 seconds, with dedicated single-tenant infrastructure. Targets AI companies, hyperscalers, and enterprises needing frontier AI training and inference capacity.
- Data Center Colocation Services Bring-your-own-server colocation in DigiPowerX-owned Tier III facilities with direct access to owned power, GPU-density cabinets up to 250kW/rack, direct-to-chip liquid cooling, 400G InfiniBand and cross-connect fabric, carrier-neutral meet-me room, remote hands, and 24/7 NOC smart hands SLA. Targets enterprises and operators needing dedicated colocation without hyperscaler premiums.
- ARMS (AI-Ready Modular Solution) Modular Data Center Platform Proprietary modular data center platform enabling rapid deployment of self-contained, scalable modular Tier III AI data centers. Targets hyperscalers, enterprise customers, sovereign AI initiatives, and colocation tenants. Enables facility delivery in approximately 180 days with N+1 redundancy, 99.99% availability, and sub-1.3 PUE efficiency.
- NVIDIA Blackwell GPU Cluster Deployment (B200/B300) Bare-metal NVIDIA Blackwell GPU cluster infrastructure (B200 and B300) deployed at DigiPowerX-owned data centers, including the SubQ AI capacity of approximately 4,000 NVIDIA Blackwell B300 GPUs.
Quantifiable outcome
- Projected annualized revenue run-rate of up to $282M upon full activation of 100MW of AI infrastructure
- +3 more outcomes
Companies that use DigiPower X
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles4 records
DigiPower X technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability2 records
Feature6 records
DigiPower X partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered flagship, core and minor.
- Cerebras SystemsflagshipMaster Services Agreement for development of 40MW AI-focused data center campus in Columbiana, Alabama. Initial 10-year term valued at approximately $1.1B with total potential contract value up to $2.5B inclusive of renewal options. Cerebras holds exclusive access during the term. Delivered in two phases: 15MW by Dec 2026, full 40MW by Q1 2027.
- SubQ AIcore$19.6M contract for bare metal GPU capacity at AI data centers. Two-year agreement commencing May 15, 2026. Marks DigiPower X's first contracted AI revenue and commercial launch of NeoCloudz GPU-as-a-Service platform using NVIDIA Blackwell GPUs. SubQ AI plans to scale to several thousand GPUs over coming quarters.
- Hans VestbergflagshipFormer CEO of Verizon Communications and current BlackRock board member co-founded US Data Centers Inc. with DigiPowerX, serving as Co-Founder and Senior Advisor. Brings over three decades of experience in mission-critical infrastructure, having led Verizon's first commercial 5G deployment and served as CEO of Ericsson.
- Omnis Pleasants LLCminorNon-binding LOI for strategic partnership at the 1.3 GW Pleasants Power Station in West Virginia.
- SupermicrocorePartnership for deployment of NVIDIA B200 GPU cluster in Alabama, expected to begin data processing in Q1 2026. Part of AI infrastructure expansion supporting NeoCloudz platform launch.
- Alabama PowercorePower delivery agreement secured with Alabama Power for the Columbiana data center project. Provides grid connectivity and power supply for the AI campus.
Scale indicators9 records
Recent moves9 records
Expansion highlights8 records
DigiPower X competitors and assessment
Company assessmentDirect peers
- Applied Digital: Applied Digital pivoted from crypto mining to AI data center hosting with large-scale GPU cluster buildouts. It shares DigiPower X's hosting-plus-GPU business model and target customer base of AI compute buyers, and is a near-direct competitor for anchor lease deals.
- CoreWeave: CoreWeave is the leading pure-play GPU cloud provider, offering NVIDIA GPU compute to AI labs and enterprises. It is the most direct competitor to NeoCloudz's bare-metal GPU-as-a-Service offering with a similar target customer base of frontier AI workloads.
- Crusoe Energy: Crusoe builds AI data centers powered by stranded and clean energy, mirroring DigiPower X's vertically integrated power-plus-compute model. It is the closest analog on the power-ownership side of the stack and competes for the same AI and HPC workloads.
- Lambda Labs: Lambda provides GPU cloud and deep-learning hardware serving AI researchers and enterprises. It overlaps with NeoCloudz on bare-metal GPU compute and competes for similar AI lab and enterprise customers seeking NVIDIA-based capacity.
- Nebius Group: Nebius operates vertically integrated AI infrastructure including data centers and GPU cloud services. It is comparable to DigiPower X as a full-stack AI compute provider targeting enterprises and AI labs with similar NVIDIA-based offerings.
Emerging players
- TeraWulf: TeraWulf is a former crypto miner pivoting toward AI and HPC data center hosting with owned power infrastructure. It shares DigiPower X's pivot narrative and is competing for the same pool of AI anchor tenants and capital markets attention.
- IREN (Iris Energy): IREN operates renewable-powered data centers originally for crypto mining and increasingly for AI/HPC workloads. Its owned renewable energy base parallels DigiPower X's energy-ownership strategy and positions it as a competitor for sustainability-focused AI customers.
- Hut 8: Hut 8 has pivoted from crypto mining to AI/HPC infrastructure with owned energy and data center assets. It is thematically and operationally comparable to DigiPower X as another ex-crypto operator building vertically integrated AI compute capacity.
Broad incumbents
- Vantage Data Centers: Vantage is a major wholesale colocation operator with hyperscale campuses offering high-density power and liquid cooling. It competes with DigiPower X on colocation for AI tenants but at much larger scale and broader geographic footprint.
- Equinix: Equinix is the largest global colocation and interconnection provider. While its core retail-colo business differs, its AI-oriented liquid-cooled deployments and interconnection fabric put it in competition for the same hyperscale and enterprise colocation tenants DigiPower X targets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
DigiPower X social profiles
Digital presenceDigiPower X compliance and trust
Trust signalCompliance1 record
DigiPower X financial estimates
Financial estimateRevenue estimate
Valuation estimate
DigiPower X leadership team
Management profileNumber of profiles
Profiles13 records
DigiPower X subsidiaries and ownership
Company hierarchySubsidiaries2 records
DigiPower X funding detail
Funding detailFunding overview
Funding rounds12 records
Investors8 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
DigiPower X M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about DigiPower X
What does DigiPower X do?
DigiPowerX operates a vertically integrated AI infrastructure platform that owns and operates the full stack from owned power generation and high-voltage substations to Tier III modular data centers and bare-metal GPU compute. It delivers GPU-as-a-Service via the wholly owned NeoCloudz platform (NVIDIA Blackwell clusters, 400Gb/s InfiniBand, provisioned in under 60 seconds), Tier III colocation services with up to 250kW/rack and direct-to-chip liquid cooling, and manufactures modular data center systems via the proprietary ARMS platform commercialized through majority-owned US Data Centers, Inc.
Is DigiPower X a public or private company?
DigiPower X is a public company. It is classified as public and is currently operating.
When was DigiPower X founded?
DigiPower X was founded in 2017. It employs 11 to 50 people.
Where is DigiPower X based?
DigiPower X is headquartered in Toronto, Canada, in the North America region.
How does DigiPower X make money?
Three revenue lines are on record. GPU-as-a-Service (NeoCloudz) is the primary driver. The others are colocation Services and modular Data Center Equipment Sales.
Who are DigiPower X's main competitors?
Direct peers on record are Applied Digital, CoreWeave, Crusoe Energy, Lambda Labs and Nebius Group. Emerging players are TeraWulf, IREN (Iris Energy) and Hut 8. Broad incumbents are Vantage Data Centers and Equinix.
Does DigiPower X have an API?
No public API is recorded for DigiPower X.
What industry is DigiPower X in?
DigiPower X's product category is AI Infrastructure / Data Center Services. Its primary akta.pro industry code is HDAAAAAB, AI Server Systems & HGX/Accelerator Platforms, with a secondary code of HDAAAAAH, AI Datacenter Power, Cooling & Racks (liquid cooling, power delivery). Its NAICS code is 518 and its SIC code is 7373.