Digi Power X Signs LOI for 1.3GW AI Infrastructure at Pleasants Power Station
Digi Power X signed a non-binding LOI with Omnis Pleasants LLC to assess interconnection for up to 1.3GW at the Pleasants Power Station to support AI infrastructure. The company reported US$100 million in cash and deposits as of January 2026, marking a 1,150% increase from a year earlier.
1. Strategic LOI for 1.3 GW AI Infrastructure Partnership
Digi Power X Inc has signed a non-binding letter of intent with Omnis Pleasants LLC, owner of the 1.3-gigawatt Pleasants Power Station in West Virginia, to conduct a comprehensive load and interconnection study. The study will assess long-term power availability and grid connectivity required to support large-scale, energy-intensive artificial intelligence and high-performance computing operations. If finalized, the partnership could enable up to 1.3 GW of dedicated power capacity for modular Tier III data centers and GPU clusters, positioning Digi Power X as a key provider of AI infrastructure in the U.S. market.
2. Balance Sheet Strengthens to US$100 Million
As of January 2026, Digi Power X reported holding approximately US$100 million in cash, digital assets and deposits, up from roughly US$8 million a year earlier. This represents a 1,150% increase in liquidity year-over-year and bolsters the company’s ability to finance construction of its ARMS 200 Tier III platform, expand GPU cluster deployments and pursue additional strategic partnerships. Management attributes the sharp rise in working capital to recent equity financings and partial monetization of non-core digital holdings.
3. Deployment of First GPU Cluster and Modular Data Center Platform
Digi Power X has completed implementation of its first NVIDIA B200 GPU cluster in Alabama and initiated deployment of its ARMS 200 Tier III modular data center platform. The company expects to begin data processing on the newly commissioned GPU cluster in the first quarter of 2026, supporting AI model training, inference workloads and GPU-as-a-Service offerings to enterprise clients. Initial capacity is set at 512 GPUs, scalable to over 2,048 units per module, with N+1 redundancy and advanced cooling systems designed for 24/7 high-intensity computing operations.
4. NeoCloudz Launch and Expansion of IP and Distribution Partnerships
Digi Power X plans to launch its GPU-as-a-Service platform, NeoCloudz, in Q1 2026, targeting researchers, universities and AI startups seeking on-demand access to high-performance compute resources. In parallel, the company is expanding its intellectual property portfolio with three pending patents related to energy-efficient thermal management and dynamic power allocation. Global distribution agreements are in negotiation across North America and Europe, positioning Digi Power X to scale its modular data center footprint to over 200 MW of capacity by year-end.