financetom
Business
financetom
/
Business
/
Update: Digi Power Down 4.6% as It Expands AI Data Center Capacity; Readies a Retail Compute Platform
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Update: Digi Power Down 4.6% as It Expands AI Data Center Capacity; Readies a Retail Compute Platform
Oct 21, 2025 9:12 AM

11:59 AM EDT, 10/21/2025 (MT Newswires) -- Digi Power X ( DGXX ) , a U.S. developer of high-performance computing infrastructure, on Tuesday said it is expanding its AI data center capacity by adding five new ARMS-200 GPU modules.

The modules are scheduled to come online at Digi Power's Columbiana, Alabama, facility in March 2026. The expansion is expected to bring the company's total GPU capacity to 2,304 high-performance GPUs.

The expansion will accelerate the company's growth as an independent provider of GPU-as-a-Service infrastructure for artificial intelligence, cloud and blockchain workloads in North America, Digi Power said.

Digi Power is also developing its retail compute platform NeoCloudz, expected to launch in January 2026. NeoCloudz will provide developers, startups and enterprises with on-demand access to GPU compute through a consumer-grade interface.

The company's Alabama data center currently provides up to 55 MW of high-voltage power capacity, with plans for further expansion.

Digi Power's shares were last down $0.29 to $6.00 on the TSX Venture Exchange on Tuesday.

Price: 6.15, Change: -0.14, Percent Change: -2.23

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
DBV Technologies' Peanut Allergy Patch Clears FDA Safety Hurdle for Children
DBV Technologies' Peanut Allergy Patch Clears FDA Safety Hurdle for Children
Mar 24, 2025
04:21 AM EDT, 03/24/2025 (MT Newswires) -- DBV Technologies ( DBVT ) said Monday the US Food and Drug Administration has agreed with the company's proposal that the safety exposure data from the its phase 3 study for Viaskin peanut patch in four- to seven-year-olds will be enough to support a biologics license application filing in this age group. The...
Chubb Insider Sold Shares Worth $3,605,943, According to a Recent SEC Filing
Chubb Insider Sold Shares Worth $3,605,943, According to a Recent SEC Filing
Mar 24, 2025
04:18 AM EDT, 03/24/2025 (MT Newswires) -- Joseph F Wayland, Executive Vice President and General Counsel, on March 20, 2025, sold 12,231 shares in Chubb ( CB ) for $3,605,943. Following the Form 4 filing with the SEC, Wayland has control over a total of 78,422 common shares of the company, with 78,422 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/896159/000101376225000927/xslF345X05/ownership.xml ...
Cloudflare Insider Sold Shares Worth $1,200,000, According to a Recent SEC Filing
Cloudflare Insider Sold Shares Worth $1,200,000, According to a Recent SEC Filing
Mar 24, 2025
04:15 AM EDT, 03/24/2025 (MT Newswires) -- Thomas J Seifert, Chief Financial Officer, on March 20, 2025, sold 10,000 shares in Cloudflare ( NET ) for $1,200,000. Following the Form 4 filing with the SEC, Seifert has control over a total of 293,582 Class A common shares of the company, with 293,582 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1477333/000141588925008774/xslF345X05/form4-03212025_080336.xml ...
Vertex Insider Sold Shares Worth $1,555,515, According to a Recent SEC Filing
Vertex Insider Sold Shares Worth $1,555,515, According to a Recent SEC Filing
Mar 24, 2025
04:17 AM EDT, 03/24/2025 (MT Newswires) -- Bryan T.R. Rowland, General Counsel, on March 19, 2025, sold 43,228 shares in Vertex (VERX) for $1,555,515. Following the Form 4 filing with the SEC, Rowland has control over a total of 132 Class A common shares of the company, with 132 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1806837/000141588925008770/xslF345X05/form4-03212025_080312.xml ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved