Digi Power X secures $1.1B data center contract with AI chip maker Cerebras Systems

Digi Power X Inc (NASDAQ:DGXX, FRA:1NQ0, NEO:DGX), the AI data center infrastructure operator, has signed a Master Services Agreement with AI computing company Cerebras Systems to colocate a purpose-built, 40-megawatt data center campus in Columbiana, Alabama, the company announced Tuesday. The initial 10-year term is valued at approximately $1.1 billion, with a total potential contract value of up to $2.5 billion inclusive of renewal terms.