Digi Power X Signs $19.6M GPU Rental Agreement with SubQ AI
Digi Power X Inc (DGXX) has signed a $19.6 million GPU rental agreement with SubQ AI for a 24-month period, providing access to NVIDIA Blackwell GPUs via its NeoCloudz platform. This marks the company's first AI-related revenue and the first multi-year deployment on the platform with a named customer. The agreement includes an upfront payment of $2.95 million and could generate up to $120 million in annualized revenue at full utilization.
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Topics: AI data center AI infrastructure data center GPU rental NVIDIA Blackwell GPUs revenue generation