Digi Power X signs 10-year AI colocation deal valued at $1.1 billion with Cerebras Systems

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Quest Diagnostics Incorporated

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  • Digi Power X signed a master services agreement with Cerebras Systems to colocate a purpose-built 40 MW AI data center campus in Columbiana, Alabama.
  • Initial 10-year term valued at about USD 1.1 billion, with total potential contract value up to USD 2.5 billion including renewals.
  • Buildout set for two phases: 15 MW in Phase 1, followed by 25 MW, with Phase 1 ready-for-service targeted Dec. 15, 2026.
  • Full deployment targeted by end of Q1 2027, with revenue expected to start late 2026 and ramp on full deployment.
  • Contract includes an expansion option valued at USD 1.4 billion.


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