📰 DGXX: $35M NVIDIA Vera Rubin Order Fuels Digi Power X AI Growth; Company Reports $150M Cash, On-Track Buildout

News: ACCESS Newswire

Ticker: DGXX | Score: 9/10 | Sentiment: Positive

Summary (Wiseek AI)

Digi Power X committed $35 million to acquire NVIDIA's next-generation Vera Rubin systems, a significant investment for its NeoCloudz GPU-as-a-Service platform. This purchase, representing about 18% of the company's market cap, is funded from its strong cash position of $150 million as of June 3, 2026. The company also reported its 40 MW AI data center buildout is on track, with all long-lead equipment secured for Phase 1, and NeoCloudz is now live and generating AI revenues. This news follows recent major AI contracts and substantial capital raises, demonstrating strong execution on its strategic pivot to AI infrastructure and reducing immediate concerns about dilutive financing as it pursues non-dilutive project debt. Initial Vera Rubin deployment is targeted for Q1 2027.

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