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Digi Power X lands $1.1B AI data center deal with Cerebras Systems in Alabama

Market News
05 May 2026
Proactive Investors
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Bullish
pluang ai news

Digi Power X Inc has signed a $1.1 billion Master Services Agreement with AI chip maker Cerebras Systems to build a 40-megawatt AI data center campus in Columbiana, Alabama. The contract spans an initial 10-year term with potential total value up to $2.5 billion including renewals and expansion options. Construction starts immediately with Phase 1 (15 MW) targeted for mid-December 2026 completion and full facility operation by Q1 2027. This deal marks a major milestone for Digi Power X, positioning it as a key player in AI infrastructure development.

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Hilton posts strong Q2 2026 earnings, beating EPS and revenue estimates with $2.29 EPS and $3.34B revenue.

Hilton posts strong Q2 2026 earnings, beating EPS and revenue estimates with $2.29 EPS and $3.34B revenue.

Hilton Worldwide Holdings Inc. reported strong Q2 2026 results, with earnings per share of $2.29 surpassing analyst estimates of $2.27 and revenue of $3.34 billion beating the $3.32 billion forecast. The company showed growth from the previous year, ...

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Roblox sees rising engagement among 17-25 year-olds in Q2 2026, with growing weekly users and playtime.

Roblox sees rising engagement among 17-25 year-olds in Q2 2026, with growing weekly users and playtime.

Apptopia's report reveals that Roblox Corporation experienced growth in Weekly Active Users and average time spent per daily active user among the 17-25 age group during Q2 2026, continuing into July. This trend highlights increasing engagement from ...

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1 hour ago
LEPAS launches global lineup of elegant NEVs including L4 EV, L6 EV, and L8 PHEV models

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LEPAS, Chery Auto's mid-to-premium new energy vehicle (NEV) brand, has introduced a global lineup featuring the LEPAS L4 EV, L6 EV, and L8 PHEV. These models emphasize elegant design, intelligent technology, and versatile space to meet diverse global...

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Bullish
1 hour ago
Implicity's AI ECG Analyzer gets FDA clearance, cutting false alerts from cardiac monitors by 76%.

Implicity's AI ECG Analyzer gets FDA clearance, cutting false alerts from cardiac monitors by 76%.

Implicity received FDA clearance for its next-generation ILR ECG Analyzer, an AI-powered cloud software that reduces false-positive alerts from implantable cardiac monitors by up to 76% while maintaining high sensitivity for true cardiac events. The ...

Market News
Bullish
2 hours ago
YieldMax ETFs declare weekly distributions for Group 1 with rates up to 60.34% annualized.

YieldMax ETFs declare weekly distributions for Group 1 with rates up to 60.34% annualized.

YieldMax ETFs announced weekly distributions for their Group 1 ETFs, with distribution rates ranging from 26.17% to 60.34% annualized. These ETFs cover sectors like semiconductors, AI & tech, crypto, metals, and covered call strategies. Distributions...

Company Fundamentals
Neutral
3 hours ago
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