Why it matters
The strategic read
Gives Cerebras a named physical AI-inference/training capacity lane outside the hyperscaler GPU cloud stack. A wafer-scale AI-chip company is locking a 40 MW Alabama campus under a long-duration colocation contract, turning a small infrastructure operator into a concrete Cerebras deployment partner.
Source-supported terms
What was disclosed
- 01
Digi Power X entered a Data Center Colocation and Master Services Agreement with Cerebras Systems on May 4, 2026.
- 02
The agreement covers approximately 40 MW for AI computing at Digi Power X’s AI data-center campus in Columbiana, Alabama.
- 03
Digi Power X disclosed approximately $1.1B total contract value for the initial 10-year term, subject to the company meeting its obligations.
- 04
The total potential contract value is approximately $2.5B assuming one seven-year extension.
- 05
Phase 1 is 15 MW with a targeted ready-for-service date of December 15, 2026; full Phase 2 deployment to 40 MW is targeted by the end of fiscal Q1 2027 and is conditioned on Digi Power X securing adequate Phase 2 financing.
- 06
Cerebras receives an exclusive license to access the data center for the duration of the agreement.
Disclosure boundary
What is known—and what is not
SEC-filed 8-K summary with a redacted master services agreement filed as Exhibit 10.1; pricing details, schedules, some exhibits, financing conditions, and certain commercial terms are not fully public.