Digi Power X Commits $35M to Acquire Next-Gen NVIDIA Vera Rubin AI Platform

Digi Power X announced a $35 million commitment to purchase NVIDIA's next-generation Vera Rubin AI systems to expand its NeoCloudz GPU-as-a-Service business. The company also provided an update on its AI data center construction, which remains on schedule, and its current financial position.

Key Details

• NVIDIA Purchase Commitment: A $35 million commitment to acquire NVIDIA's Vera Rubin systems, with initial deployment targeted for Q1 2027. The purchase will be funded from cash on hand.
• Financial Position: As of June 3, 2026, the company reported approximately $150 million in cash and cash equivalents, having already deployed about $65 million into its Alabama site year-to-date.
• Operational Update: The flagship AI data center buildout is on schedule, with Phase 1 (15 MW) targeting a ready-for-service date of December 15, 2026. The NeoCloudz platform is live and began generating its first AI-related revenues in May 2026.