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Digi Power X Secures $50M for AI Data Center Expansion

7/27/2025

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Summary

Story summary

Digi Power X has landed a significant $50 million investment from a key institutional investor, elevating its cash reserves to over $30 million and maintaining a debt-free status. This influx of capital will fast-track the rollout of its NeoCloud AI infrastructure and transform its Alabama facility into a cutting-edge tier three AI data center, propelling its ambitious growth plans.

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Story summary

Digi Power X has landed a significant $50 million investment from a key institutional investor, elevating its cash reserves to over $30 million and maintaining a debt-free status. This influx of capital will fast-track the rollout of its NeoCloud AI infrastructure and transform its Alabama facility into a cutting-edge tier three AI data center, propelling its ambitious growth plans.