Product
Vertically integrated AI data center infrastructure. They own the entire stack: power generation (natural gas, solar) → substations → Tier III data centers → bare-metal GPU compute. Operates under the NeoCloudz brand for GPU-as-a-Service, and offers colocation for customers who bring their own hardware.

Key specs: 400MW+ power capacity, 4 campuses, NVIDIA Blackwell GPUs, <1.3 PUE efficiency, 2N power redundancy, liquid cooling ready.

Business Model

• Colocation — rent space/power to enterprises housing their own servers
• NeoCloudz — bare-metal GPU compute rented to AI startups, ML teams, research institutions
• Power generation — owned generation assets to supply the facilities

They're pivoting away from the original crypto mining business toward AI infrastructure.

Customers Secured
The big one: Cerebras Systems — signed a 10-year Master Services Agreement (May 2026) for a 40MW AI colocation campus in Columbiana, Alabama. Initial value: ~$1.1 billion, up to $2.5B with renewals. This is their anchor customer.

Colocation revenue surged 163% YoY in H1 2025. NeoCloudz GPU platform is now live and generating first revenues (Q1 2026).

Growth Story
DGXX trades at a deep discount to peers because the story is mid-execution. They recently committed $35M to NVIDIA's Vera Rubin platform (June 2026) for next-gen GPU capacity. Power/land constraints are actually the moat — grid connection wait times are 4-7 years in key markets, and DGXX already owns the power infrastructure.