Digi Power X signs 40 MW Alabama colocation deal with Cerebras, about $1.1 billion

Digi Power X agreed to provide about 40 MW of AI data-center capacity in Columbiana, Alabama, to Cerebras under a 10-year colocation agreement. The initial contract is worth about $1.1 billion, with potential total value of about $2.5 billion including renewals. Capacity is delivered in two phases, with the first 15 MW targeted for December 15, 2026.

• Capacity: about 40 MW, delivered in two phases (15 MW first, then 25 MW)
• Initial 10-year term worth about $1.1 billion; up to about $2.5 billion with extensions
• Phase 1 ready-for-service target: December 15, 2026