MIAMI BEACH, FL, Oct 13, 2026 – (ACN Newswire) – Digi Power X Inc. (Nasdaq: DGXX)(Cboe Canada: DGX) (“Digi Power X” or the “Company”an AI information center facilities operator, today revealed that it has actually gotten a dedication letter from a significant loan provider for US$ 200 million in financial obligation funding to support the advancement of its 40 MW AI information center in Columbiana, Alabama. The funding, syndicated by Goldman Sachs, is anticipated to close within 90 days, based on conclusive documents and complete satisfaction of numerous conditions, consisting of the loan provider’s conclusion of its diligence efforts.
The funding is to be structured at a job unique function automobile (“SPV”level, with an unsecured Company assurance through job conclusion and other minimal matters. Profits are meant to support conclusion of the Alabama job and associated job expenses, assisting protect business liquidity, alleviate investor dilution and place the Company to pursue extra consumer agreements.
“This financing commitment is an important step toward completing our Alabama campus while limiting dilution for our shareholders. We are progressing from infrastructure development toward revenue generation, with construction on schedule in Alabama, our first modular GPU deployment operating successfully, and expansion plans advancing across our portfolio.”
– Michel Amar, Chairman & & Chief Executive Officer, Digi Power X Inc.
Financial Position and Alabama Construction Update
Since the date hereof, Digi Power X held roughly US$ 135 million in money and invested around US$ 153 million in capital investment year to date in 2026. The Company did not release any shares under its at-the-market (“ATM”equity offering program throughout the 3rd quarter of 2026, leading to no ATM-related investor dilution throughout the quarter.
Building and construction at the 40 MW Alabama school stays on target, with Phase 1 anticipated to be finished in December 2026 and Phase 2 in March 2027.
ARMS 200 Operations and Supermicro Partnership
The Company’s very first ARMS 200 modular information center has actually been running effectively considering that May 2026, supporting its GPU bare-metal organization. The release shows Digi Power X’s capability to handle the facilities supporting these services, consisting of power, cooling, information center operations and GPU systems.
Digi Power X’s collaboration with Super Micro Computer, Inc. (“Supermicro”assistances committed, bare-metal access to NVIDIA Blackwell GPUs, allowing clients to release AI work without structure or handling the underlying facilities themselves. Supermicro just recently highlighted the partnership openly, highlighting its function in powering Digi Power X’s full-stack AI offering.
Digi Power X: Expanding the AI Token Factory Through NeoCloudz
Digi Power X prepares to broaden its AI token factory facilities through its NeoCloudz platform, utilizing the exclusive ARMS modular information center systems of United States Data Center, Inc., a subsidiary of which the Company is the biggest investor, to support quick release. This growth is planned to support the Company’s scheduled development in GPU bare-metal services and AI token generation. Structure on its preliminary ARMS 200 implementation, the Company plans to release extra modular capability to fulfill consumer need and grow repeating AI facilities profits.
“We’re excited to unveil our AI token factory at NVIDIA GTC Berlin. Digi Power X owns the whole stack, from the power to the data center to the computer, and that’s how we deliver fast, affordable inference at scale.”
– Alec Amar, President, Digi Power X Inc.
New York City Transition to AI Token Factories
Digi Power X remains in the preparation stage to repurpose its New York State websites into AI token factories, broadening capability for GPU bare-metal services and AI token generation. The prepared conversion is created to lower website sound levels and include closed-loop cooling systems developed to lessen water intake by recirculating coolant without regular evaporative water usage.
Silicon Valley Development Lab
The Company has actually likewise gotten a workplace and lab center in Silicon Valley to establish the innovation and functional intelligence supporting its AI token factory technique. Digi Power X is combining leading skill in engineering, expert system and software application advancement to speed up development and enhance its abilities as it broadens its GPU facilities and AI services.
About Digi Power X
Digi Power X is a completely incorporated AI facilities business that owns and runs the entire stack, from power generation and information centers to the computer systems that run AI work. The Company provides colocation for business and hyperscale consumers, bare metal GPU leasing and a token factory that provides AI reasoning at scale. Since it manages the power, the facilities and the calculate, Digi Power X can bring capability online quicker and more economically. For additional information, check out www.digipowerx.com
Financier Relations
For additional info, please contact:
Michel Amar, Chief Executive Officer
Digi Power X Inc.
www.digipowerx.com
Financier Relations: T: 888-474-9222|Email:
Cautionary Statement
Trading in the securities of the Company must be thought about extremely speculative. No stock market, securities commission or other regulative authority has actually authorized or disapproved the details included herein. Cboe Canada does decline obligation for the adequacy or precision of this release.
Cautionary Note and Forward-Looking Statements
This news release consists of “forward-looking statements” within the safe harbor arrangements of the Private Securities Litigation Reform Act of 1995, and “forward-looking information” within the significance of appropriate Canadian securities laws (jointly, “forward-looking statements”. All declarations besides declarations of historic reality are positive declarations. Words such as “anticipate,” “believe,” “continue,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “proposed,” “should,” “target,” “will,” “would” and comparable expressions are planned to determine positive declarations, although not all positive declarations consist of these words.
Positive declarations in this news release consist of, without constraint, declarations concerning: the proposed $200 million financial obligation funding, consisting of the timing of closing and financing, and the complete satisfaction of conditions to closing, consisting of lending institution complete satisfaction of its diligence requirements; the anticipated usage of earnings, consisting of the financing of staying building and construction and associated task expenses, and the awaited impacts on business liquidity and investor dilution; the development, schedule and conclusion of Phase 1 and Phase 2 of the Company’s 40 MW AI information center in Columbiana, Alabama, the Company’s capability to pursue extra consumer agreements and produce repeating income; the organized growth of the Company’s AI token factory facilities, consisting of through USDC and the ARMS modular information center platform; the prepared conversion of the Company’s New York State websites and the expected sound and water utilize advantages of that conversion; the prepared for usage and advantages of the Company’s Silicon Valley center; and the execution of the Company’s AI facilities method.
These declarations are based upon management’s present expectations, quotes and presumptions and go through recognized and unidentified dangers, unpredictabilities and other aspects that might trigger real outcomes to vary materially, consisting of, to name a few: the danger that the conditions to closing under the dedication letter are not pleased or waived on a prompt basis or at all, or that the funding is not finished on the awaited terms or at all; the threat that the lending institution’s dedication ends or is customized; the possibility that funding profits will be inadequate to money all staying building and construction and task expenses; the threat that initial monetary details varies from last reported outcomes; building hold-ups, expense overruns, supply chain disturbances and the schedule of devices, GPUs, labor and power; allowing, zoning, ecological and other regulative approvals; the efficiency of specialists, partners and counterparties; the capability of the Company and its consumers to carry out under the Company’s colocation and other client arrangements; responsibilities under the funding; need for AI and high-performance computing facilities; basic financial, market and rate of interest conditions; and the other dangers and unpredictabilities explained under “Risk Factors” in the Company’s latest Annual Report on Form 10-K and other filings with the U.S. Securities and Exchange Commission.
Readers are warned not to position unnecessary dependence on positive declarations, which speak just since the date of this news release. Other than as needed by suitable law, the Company carries out no commitment to upgrade or modify any positive declaration, whether as an outcome of brand-new info, future occasions or otherwise.
SOURCE: Digi Power X Inc.
Subject: Press release summary
Source: Digi Power X Inc.
Sectors: Enterprise IT, Artificial Intel
http://www.acnnewswire.com
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