Digi Power X Secures $1.1B AI Data Center Contract for 40 MW Campus
DGXX•Digi Power X signed a 10-year, $1.1 billion Master Services Agreement with Cerebras Systems to build a 40-megawatt data center campus in Columbiana, Alabama. Phase 1 (15 MW) is self-funded and targeted for mid-December 2026 ready-for-service, with full 40 MW operational and revenue ramp in Q1 2027.
1. Master Services Agreement Terms
Digi Power X entered a 10-year Master Services Agreement with Cerebras Systems valued at $1.1 billion for the initial term. The contract includes renewal terms and an expansion option that could raise the total value to $2.5 billion, with an additional $1.4 billion tied to future capacity growth.
2. Development Phases and Funding
The project will unfold in two phases: Phase 1 delivering 15 MW of IT load and Phase 2 adding 25 MW to reach 40 MW total. Phase 1 construction is fully self-funded, begins immediately, and is set to achieve ready-for-service by mid-December 2026, with full facility deployment by the end of Q1 2027.
3. Columbiana Campus Infrastructure
The data center campus in Columbiana, Alabama will be built to Tier III standards and optimized for high-density AI workloads. Digi Power X owns the land, has completed an on-site substation with grid interconnection, and secured a power delivery agreement with Alabama Power, benefitting from robust local power and fiber infrastructure.
4. Strategic Impact and Market Position
Company leadership describes the contract as transformational, validating Digi Power X’s capabilities and vision as a next-generation data center operator. Executives highlight that this landmark agreement will enhance the company’s standing in the AI infrastructure sector and attract additional sophisticated tenants, lenders and partners.
