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Digi Power X secures $15M investment to accelerate AI infrastructure expansion
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Manage episode 496255601 series 2891889
Content provided by Proactive Investors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Proactive Investors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Digi Power X Inc Edward Karr joined Steve Darling from Proactive to announce the company has entered into a definitive purchase agreement for the sale of stock to a single new fundamental institutional investor, raising gross proceeds of approximately $15 million. This strategic investment signals growing institutional confidence in Digi Power X’s scalable AI infrastructure roadmap. Karr emphasized that this capital infusion brings the company’s cash and cash equivalents to over $30 million, while maintaining a zero long-term debt position—a strong foundation for continued growth. The funds will be used to expand the deployment of Digi Power X’s NeoCloud Tier 3 AI infrastructure, powered by the latest NVIDIA B200 and B300 chips, and to accelerate manufacturing and global distribution of its proprietary ARMS 200 modular data center pods. Digi Power X, through its ARMS (AI-Ready Modular Solution) platform, designs and deploys Tier 3 modular data centers and offers enterprise-grade GPU compute via its NeoCloud portal. The company’s infrastructure is built on cutting-edge NVIDIA GPUs and supported by secure, energy-resilient solutions, positioning it to meet surging demand for AI compute globally. “This financing allows us to move faster on multiple fronts—from manufacturing and deployment to market expansion,” said Karr. “It’s a clear validation of our strategy and the value of our ARMS and NeoCloud platforms in the next-generation AI infrastructure landscape.” #DigiPowerX #nasdaq #dgxx #EdwardKarr #BitcoinNews #CryptoMining #AIInfrastructure #NvidiaB200 #Supermicro #Tier3DataCenters #ModularDataCenters #NeoCloud #ARMSPod #GenerativeAI #ProactiveInvestors #TechStocks #DigitalAssets
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605 episodes
MP3•Episode home
Manage episode 496255601 series 2891889
Content provided by Proactive Investors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Proactive Investors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Digi Power X Inc Edward Karr joined Steve Darling from Proactive to announce the company has entered into a definitive purchase agreement for the sale of stock to a single new fundamental institutional investor, raising gross proceeds of approximately $15 million. This strategic investment signals growing institutional confidence in Digi Power X’s scalable AI infrastructure roadmap. Karr emphasized that this capital infusion brings the company’s cash and cash equivalents to over $30 million, while maintaining a zero long-term debt position—a strong foundation for continued growth. The funds will be used to expand the deployment of Digi Power X’s NeoCloud Tier 3 AI infrastructure, powered by the latest NVIDIA B200 and B300 chips, and to accelerate manufacturing and global distribution of its proprietary ARMS 200 modular data center pods. Digi Power X, through its ARMS (AI-Ready Modular Solution) platform, designs and deploys Tier 3 modular data centers and offers enterprise-grade GPU compute via its NeoCloud portal. The company’s infrastructure is built on cutting-edge NVIDIA GPUs and supported by secure, energy-resilient solutions, positioning it to meet surging demand for AI compute globally. “This financing allows us to move faster on multiple fronts—from manufacturing and deployment to market expansion,” said Karr. “It’s a clear validation of our strategy and the value of our ARMS and NeoCloud platforms in the next-generation AI infrastructure landscape.” #DigiPowerX #nasdaq #dgxx #EdwardKarr #BitcoinNews #CryptoMining #AIInfrastructure #NvidiaB200 #Supermicro #Tier3DataCenters #ModularDataCenters #NeoCloud #ARMSPod #GenerativeAI #ProactiveInvestors #TechStocks #DigitalAssets
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