Digi Power X reports first AI compute revenue, reaffirms $1.1 billion Alabama contract

Tech Written by: Angela Harmantas 08:59 Fri 14 Aug 2026 --> Proactive has a commercial relationship with Digi Power X Inc. This article was produced independently under Proactive's Editorial Standards Policy . Disclaimer No investment advice About this content Editorial Standards & Policies Share article About this content × About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government. She earned a Bachelor of... Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists. Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth. We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors. The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies. Use of technology Proactive has always been a forward looking and enthusiastic technology adopter. Our human content creators are equipped with many decades of valuable expertise and experience. The team also has access to and use technologies to assist and enhance workflows. Proactive will on occasion use automation and software tools, including generative AI. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation. Digi Power X Inc ( NASDAQ:DGXX NEO:DGX ) View Price & Profile Digi Power X reports first AI compute revenue, reaffirms $1.1 billion Alabama contract Published: 08:59 14 Aug 2026 EDT Digi Power X Inc (NASDAQ:DGXX, FRA:1NQ0, NEO:DGX) reported second-quarter revenue of approximately $6.6 million and generated its first AI compute revenue, with roughly $1.1 million coming from GPU bare-metal rental over about five weeks of operations. The AI data center infrastructure operator invested approximately $30 million in GPU infrastructure during the quarter, representing about 0.6 MW of deployed AI compute capacity. Adjusted EBITDA turned positive at approximately $3.3 million, up from about $0.1 million in the same period last year. Revenue for the quarter also included approximately $3.6 million from colocation services and legacy mining and $1.9 million from energy sales. The company reported a net loss of approximately $14.4 million for the quarter. CEO Michel Amar said the quarter was “an important inflection point in Digi Power X's transformation into an AI infrastructure company.” "With approximately $150 million of cash today, no debt and a growing portfolio of AI infrastructure and power assets, we believe we have established a strong financial foundation from which to execute our growth strategy,” Amar told shareholders. Construction of the company's Tier III AI data center in Columbiana, Alabama remains on schedule, with Phase 1's 15 MW of IT load expected in December 2026 and Phase 2's additional 25 MW targeted for March 2027, bringing the site to up to 40 MW of IT load. The 10-year agreement represents approximately $1.1 billion of contracted revenue, with an option to expand that could bring total potential contract value to approximately $2.5 billion. "In this business, you are underwritten on what you have delivered, not what you have announced," said Alec Amar, Digi Power X’s president and co-founder. "Columbiana is our flagship and delivering it on schedule establishes the operating track record that hyperscale customers and project lenders require." The company's B300 GPU bare-metal infrastructure has run at 100% uptime since May 2026. Digi Power X plans to expand its GPU bare-metal platform by approximately 10 MW during 2027 and is evaluating additional power sites for future growth. The company also said it plans to open a Silicon Valley office in the third quarter of 2026 to house an engineering team dedicated to its GPU-as-a-Service business. Digi Power X is also preparing New York infrastructure assets for conversion to AI data center operations, targeting the transition in the third and fourth quarters of 2027, and is advancing development pla