DGXX — knowledge base
Overview
DigitPowerX (DGXX) develops full-stack AI infrastructure including power, data centers, GPU bare metal rentals, and AI software services. It operates under grandfathered status in New York while advancing construction in Alabama and pursuing geographic expansion.
Key facts & figures
- $1.1B ten-year colocation contract with Cerebras Systems, scalable to $2.5B [[s:85@00:00:01]]
- Self-funded ~$100M CapEx in Alabama; $150-155M cash on hand and zero long-term debt [[s:85@00:00:53]]
- Alabama 40MW IT load data center: phase one targeted for December, phase two for March [[s:85@00:00:53]]
- New York operations (Buffalo 10+ years, North Tonawanda 5 years) grandfathered under moratorium with 50-60MW existing capacity [[s:85@00:06:23]]
- GPU bare metal and GPU-as-a-service revenue streams already live [[s:85@00:10:42]]
- Alabama asset valued at $500M-$1B (or $1B-$1.2B per CEO) at $25-30M per MW multiples [[s:85@00:00:53]]
- Expected $250-300M revenue run rate beginning next year [[s:85@00:14:23]]
Thesis & bull case
Full-stack positioning from power through AI services creates multiple revenue layers (colocation, bare metal rentals, platform credibility for 2027-2028 deals). Alabama project alone implies valuation well above current market cap; upcoming debt financing and North Carolina expansion provide catalysts. Execution on Cerebras contract and early AI revenue demonstrate credible path to scale.
Risks & bear case
All material claims (contract size, CapEx, balance sheet, regulatory status, revenue projections, asset valuation) remain unverifiable from public sources. New York moratorium navigation and forward construction timelines carry execution and regulatory uncertainty.
Timeline of developments
- 2026-07-18: CEO Michelle Amard details $1.1B Cerebras contract, Alabama 40MW buildout phases, self-funded $100M CapEx, NY grandfathered capacity, live GPU bare metal revenue, and $250-300M run-rate target [[s:85]]
Open questions
Verification status of Cerebras contract terms, Alabama construction milestones, balance sheet details, and regulatory grandfathering claims.
Notable predictions to track
- Alabama data center completion and $1B+ valuation realization (2026-2027)
- Debt financing close and North Carolina expansion announcement
- Revenue reaching $250-300M annual run rate in 2027 [[s:85@00:14:23]]