secwatch.observer — SEC 8-K summary
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Issuer:     Digi Power X Inc. (DGXX)
CIK:        0001854368
Form:       8-K
Filed at:   2026-05-08T23:59:59+00:00
Accession:  0001213900-26-053566
Event type: other_material
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Digi Power X signs $1.1B AI colocation deal with Cerebras for 40 MW Alabama facility
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- Initial 10-year contract valued at ~$1.1B; total potential value up to $2.5B with 7-year extension.
- Phase 1 (15 MW) targets ready-for-service Dec 15, 2026; Phase 2 (25 MW) targets full deployment by Q1 2027.
- Cerebras granted exclusive access for 40 MW; monthly colocation fees plus one-time construction payments.
- Phase 1 self-funded by Digi Power X; Phase 2 contingent on securing adequate financing.
- Columbiana campus owned by Digi Power X; substation completed, power agreement with Alabama Power.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1854368/000121390026053566/0001213900-26-053566-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1854368/000121390026053566/ea0289585-8k_digi.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-053566

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer