Digi Power X Stock Jumps as $1.1 Billion Cerebras Deal Puts Alabama AI Campus in Play
Digi Power X Inc., based in Miami, has inked a 10-year deal with Cerebras Systems worth roughly $1.1 billion to colocate a custom-built, 40-megawatt AI data center campus in Columbiana, Alabama, the company announced Tuesday. If renewal options are exercised, the contract could reach $2.5 billion in total value.