Latest news with #highPerformanceComputing
Yahoo
2 days ago
- Business
- Yahoo
Oper8 Global Group Receives Frost & Sullivan's 2025 European Customer Value Leadership Recognition for Excellence in Edge Data Center Solutions
This award recognizes Oper8 Global Group's innovation in edge data center for artificial intelligence and high-performance computing, and its commitment to customer success SAN ANTONIO, June 19, 2025 /CNW/ -- Frost & Sullivan is pleased to announce that Oper8 Global Group has been awarded the 2025 European Customer Value Leadership Recognition in the edge modular and prefabricated data centers solutions sector for its outstanding achievements in customer-centric innovation, strategic execution, and technology leadership. This recognition underscores Oper8 Global Group's continued commitment to delivering performance-driven infrastructure and helping clients meet the demands of modern high-compute environments. Frost & Sullivan evaluates companies through a rigorous benchmarking process across two core dimensions: strategy effectiveness and strategy execution. Oper8 Global Group excelled in both, demonstrating a clear alignment between its growth initiatives and market needs. "Oper8 Global's holistic focus on edge datacenters' design and management along with energy-efficient, server-ready facilities, strategically positions the company to meet the rapidly growing demands of the AI market. The company offers a strong value proposition of solutions and services, such as prefabricated designs that enable faster deployment and advanced cooling strategies to maximize efficiency, delivering exceptional value and driving strong global customer acquisition across industries," said Nishchal Khorana, Vice President & Global Program Leader, ICT, at Frost & Sullivan. Guided by a strategic focus on digital transformation and purpose-built innovation, Oper8 Global Group has consistently delivered high-density, high-efficiency infrastructure for compute-intensive applications such as AI and high-performance computing (HPC). Its modular, scalable data center solutions have been widely adopted across Europe's education and research sectors, further validating its strong market alignment. Innovation lies at the core of Oper8 Global Group's value proposition. The company's comprehensive portfolio—spanning edge data center design, cybersecurity, physical security, and managed services—caters to the full lifecycle of data center infrastructure. "We place customer success as our number one priority, so receiving this award from Frost & Sullivan is a true honor. It's also a testament to all the hard work and focus we have put into delivering optimized data centre solutions that are aligned to our customers' unique business and technical requirements," said Simon Gardner, Global Chief Technology Officer and Chief Operating Officer EMEA at Oper8 Global Group. Oper8 Global Group's commitment to customer experience is reflected in its agile service delivery, industry expertise, and track record of meeting tight deployment timelines. Clients consistently highlight the company's responsiveness, deep technical acumen, and quality of service, which contribute to long-term relationships and repeat business across diverse industries. Frost & Sullivan commends Oper8 Global Group for setting a benchmark in the edge modular and prefabricated data centers solutions market. The company's vision, adaptability, and customer-first culture are not only driving its success but also shaping the standards of excellence in next-generation data infrastructure. Each year, Frost & Sullivan presents this award to the company that has demonstrated excellence in implementing strategies that proactively create value for its customers with a focus on improving the return on the investment that customers make in its services or products. The award recognizes the company's unique focus on augmenting the value that its customers receive, beyond simply good customer service, leading to improved customer retention and customer base expansion. Frost & Sullivan Best Practices Awards recognize companies across global markets for demonstrating visionary leadership, technological advancement, and customer-driven strategy. Recipients are selected based on in-depth interviews, analyses, and secondary research that benchmark performance against top competitors and industry best practices. About Frost & Sullivan For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion. Contact:Camila TinajeroE: About Oper8 Global Group With over 35 years' experience, Oper8 Global Group is a global data center industry leader. Its modular, scalable, flexible and sustainable designs redefine modern data centre infrastructure. Oper8 Global Group has a presence in EMEA, APAC and South America, supported by a robust network of renowned partners, and creates the future of data centers by designing, building and deploying innovative prefabricated, modular, micro and high-performance computing (HPC) solutions. Contact:Chew Peng HealeyE: View original content: SOURCE Frost & Sullivan View original content: Sign in to access your portfolio
Yahoo
5 days ago
- Business
- Yahoo
Memory and Storage Technology Research Report 2025: High Bandwidth Memory Set to Dominate DRAM Market by 2030 Amid AI Boom and 3D NAND Advancements - Long-term Forecast to 2036
Expansion is fueled by soaring demand for AI, high-performance computing, and advanced data infrastructure. Rebounding from the downturn in 2022-2023, the sector marked unprecedented revenues in 2025 due to AI-driven dynamics. High Bandwidth Memory (HBM) leads the market transformation, with 50% market share in DRAM expected by decade's end. Key players like Samsung and Micron are ramping up HBM3E and HBM4 production. NAND flash innovations continue, with YMTC's 294-layer production and CXMT's DDR5 modules highlighting China's growing influence. Data centers, edge computing, and automotive applications propel demand, leveraging sophisticated storage solutions. The market faces scale challenges but sees potential in 3D DRAM and advanced packaging technologies. Dublin, June 17, 2025 (GLOBE NEWSWIRE) -- The "The Global Memory and Storage Technology Market 2026-2036" report has been added to Global Memory and Storage Technology Market 2026-2036 provides insights into the rapidly evolving memory and storage landscape, delivering critical analysis for technology leaders, investors, and strategic decision-makers navigating the industry's transformation through 2036. The global memory and storage technology market is poised for significant expansion, projected to exceed $400 billion by 2036, driven by explosive demand from artificial intelligence, high-performance computing, and next-generation data infrastructure. After recovering from the severe cyclical downturn of 2022-2023, the industry achieved record revenues surpassing $200 billion in 2025, marking the beginning of a sustained growth trajectory fundamentally reshaped by AI workloads. High Bandwidth Memory (HBM) emerges as the market's most dynamic segment. HBM's share of the total DRAM market is expected to reach 50% by decade's end, as AI training and inference applications demand unprecedented memory bandwidth. Leading manufacturers including Samsung, SK hynix, and Micron are aggressively scaling HBM3E production, with next-generation HBM4 technology promising even greater performance gains. NAND flash technology continues evolving through 3D scaling innovations, with manufacturers pushing beyond 300 layers using advanced CMOS Bonded Array (CBA) architectures. YMTC's Xtacking 4.0 technology and the industry's transition to Penta-Level Cell (PLC) storage demonstrate the sector's relentless density improvements. Meanwhile, emerging memory technologies-including Magnetoresistive RAM (MRAM), Resistive RAM (ReRAM), and Ferroelectric RAM (FeRAM) - are gaining commercial traction, particularly in embedded applications and edge computing devices. Chinese memory manufacturers are fundamentally altering competitive dynamics, with YMTC achieving 294-layer 3D NAND production and CXMT successfully launching domestic DDR5 modules. China's memory market share continues expanding across consumer and enterprise segments, forcing global leaders to accelerate premium product development and advanced technology adoption. Despite ongoing U.S. export restrictions, Chinese companies demonstrate remarkable technological progress, with JHICC ramping capacity and new entrants like SwaySure Technology strengthening domestic supply chains. Data centers and cloud infrastructure represent the largest growth driver, consuming increasingly sophisticated storage solutions optimized for AI/ML workloads. The economic advantages of QLC SSDs over traditional HDDs in hyperscale environments are reshaping storage hierarchies, with 10PB QLC deployments delivering $30 million cost savings over traditional tiered storage architectures. Edge computing and automotive applications create additional demand vectors, as autonomous vehicles and IoT devices require high-performance, reliable memory solutions. The industry faces mounting scaling challenges as conventional planar technologies approach physical limits. 3D DRAM architectures, vertical transistor designs, and novel cell structures represent critical technological pathways beyond 2030. Advanced packaging innovations, including wafer-to-wafer bonding and chiplet integration, enable continued performance improvements while managing manufacturing complexity. Environmental sustainability increasingly influences technology development, with manufacturers investing in energy-efficient designs and circular economy initiatives. Geopolitical tensions continue reshaping global supply chains, driving regionalization trends and technology transfer restrictions that impact long-term market dynamics. The memory and storage technology market to 2036 represents a fundamental transformation driven by AI proliferation, technological breakthrough achievements, and evolving competitive landscapes. Success requires navigating complex scaling challenges while capitalizing on explosive demand from next-generation computing applications across all market segments. Report Highlights Market Forecasting and Technology Segmentation: Global market revenue projections spanning 2026-2036 with detailed breakdowns by technology, application, and geographic region DRAM market analysis including High Bandwidth Memory (HBM) growth trajectories, DDR evolution, and mobile memory trends NAND flash and SSD market forecasts covering enterprise, consumer, and emerging cell technologies including QLC and PLC developments Hard disk drive market evolution with energy-assisted recording technologies (HAMR/MAMR) adoption timelines Emerging memory technologies market sizing for MRAM, ReRAM, FeRAM, and PCM across embedded and standalone applications Advanced Technology Analysis and Roadmaps: Detailed DRAM technology progression from planar scaling challenges to 3D architecture development CMOS bonding and advanced integration technologies including vertical transistor implementations HBM technology evolution covering 3D stacking, thermal management, and processor integration strategies NAND flash scaling analysis beyond 300 layers with CBA and Xtacking technology implementations Comprehensive emerging memory technology comparison including performance benchmarking and commercialization timelines Supply Chain and Manufacturing Intelligence: Global manufacturing capacity analysis by technology and region with capital expenditure trends Technology node migration strategies and yield learning curve optimization Equipment supplier analysis covering critical manufacturing tools and materials Regional market dynamics including China's memory industry development and trade restriction impacts Application-Specific Market Analysis: AI and machine learning memory requirements including LLM infrastructure scaling Data center and cloud storage evolution with QLC SSD economic analysis Automotive memory systems covering ADAS levels and autonomous vehicle storage architectures Edge computing and IoT memory solutions across industrial and consumer applications Embedded memory analysis for microcontrollers, SoCs, and advanced semiconductor applications Strategic Business Intelligence: Advanced packaging and integration technologies including 3D stacking and chiplet architectures Processing-in-memory and computational storage development with commercial product analysis Sustainability and environmental impact assessment across technology lifecycles Comprehensive pricing analysis with historical trends and future projection models Technology roadmaps extending to 2036 with breakthrough technology research including quantum and neuromorphic memory Company Intelligence and Market Positioning: Detailed profiles of 154 companies across the memory and storage ecosystem Key Topics Covered: 1 EXECUTIVE SUMMARY1.1 Report Overview and Key Findings1.2 Market Size and Growth Projections 2026-20361.3 Technology Roadmap and Innovation Trends1.4 Market Dynamics and Trade Implications1.5 Investment and Market Outlook 2 INTRODUCTION2.1 Global Memory and Storage Technology Landscape2.2 Computing Architecture Evolution2.3 End-Market Analysis 3 MARKET FORECASTS (2026-2036)3.1 Market Projections3.2 DRAM Market Forecast3.3 NAND Flash and SSD Market Forecast3.4 Hard Disk Drive (HDD) Market Forecast3.5 Cloud and Data Center Storage Forecast3.6 Edge Computing Storage Forecast3.7 AI and HPC Memory/Storage Forecast3.8 Emerging Memory Technologies Forecast 4 DRAM TECHNOLOGY ANALYSIS AND ROADMAPS4.1 Conventional DRAM Scaling and Challenges4.2 3D DRAM Architecture Development4.3 CMOS Bonding and Advanced Integration4.4 High Bandwidth Memory (HBM) Technology 5 NAND FLASH TECHNOLOGY ANALYSIS AND ROADMAPS5.1 3D NAND Scaling and Layer Count Evolution5.2 CMOS Bonded Array (CBA) and Xtacking Technologies5.3 Multi-Level Cell Technology Evolution5.4 NAND Interface and Form Factor Evolution5.5 Advanced NAND Technologies 6 EMERGING MEMORY TECHNOLOGIES6.1 Magnetoresistive RAM (MRAM) Technology6.2 MRAM Applications and Market Development6.3 Resistive RAM (ReRAM/RRAM) Technology6.4 ReRAM Development and Applications6.5 Ferroelectric RAM (FeRAM) Technology6.6 Phase Change Memory (PCM) Technology6.7 Next-Generation Memory Architectures6.8 Emerging Memory Technology Comparison 7 SUPPLY CHAIN AND MANUFACTURING ANALYSIS7.1 Global Supply Chain Mapping7.2 Manufacturing Capacity and Investment7.3 Technology Node Migration and Yield 8 REGIONAL MARKET ANALYSIS8.1 China Memory Industry Development8.2 Trade Restrictions and Geopolitical Impact8.3 Regional Market Dynamics 9 APPLICATIONS9.1 AI and Machine Learning Memory Solutions9.2 Data Center and Cloud Storage Evolution9.3 Automotive Memory and Storage Systems9.4 Edge Computing and IoT Memory9.5 Embedded Memory for Advanced Applications 10 ADVANCED PACKAGING AND INTEGRATION TECHNOLOGIES10.1 3D Integration and Packaging Innovation10.2 Hybrid Bonding and Advanced Assembly10.3 Processing-in-Memory and Near-Memory Computing 11 SUSTAINABILITY AND ENVIRONMENTAL IMPACT11.1 Memory Technology Environmental Footprint11.2 Circular Economy and End-of-Life Management 12 PRICING ANALYSIS AND ECONOMIC MODELS12.1 Historical and Current Pricing Trends12.2 Cost Structure and Economics12.3 Future Pricing Projections and Models 13 TECHNOLOGY ROADMAPS AND FUTURE DEVELOPMENTS13.1 Long-Term Memory Technology Vision13.2 Breakthrough Technologies and Research13.3 System-Level Integration Evolution 14 COMPANY PROFILES (154 Company Profiles) 3D Plus 4DS Memory Adata Technology Advantest Corporation Alliance Memory AMD Amkor Technology Analog Devices AP Memory Applied Materials ASE Group ASM International ASML Holding Avalanche Technology BeSang Inc. Besi Camtek Ltd. Canon Inc. CXMT Cisco Systems Crossbar Inc. Dell Technologies Dosilicon Etron Technology ESMT Everspin Technologies EVG Ferroelectric Memory Company Fidelix Fudan Microelectronics Fujitsu Limited Giantec Semiconductor GigaDevice Semiconductor GlobalFoundries Google LLC GSI Technology Hanmi Semiconductor Hanwha Precision Machinery HFC HHGrace Hikstor Hitachi Ltd. HLMC Honeywell International HP Inc. Huawei Technologies IBM Corporation IMEC Infineon Technologies Innostar Semiconductor Innovation Memory Inston Inc. Intel Corporation Intelligent Memory ISSI JCET Group JHICC Kingston Technology Kioxia Corporation KLA Corporation Kneron Inc. Lam Research Lenovo Group Longsys Electronics Lite-On Technology Lyontek Inc. Macronix International Marvell Technology Maxio Technology Maxim Integrated MaxLinear Inc. Materion Corporation MediaTek Inc. Merck KGaA Meta Platforms Microchip Technology Micron Technology MonolithIC 3D Montage Technology Nantero Inc. Nanya Technology Naura Technology Nikon Corporation NEC Corporation Neo Semiconductor NetApp Inc. NetList Inc. Neumonda NGD Systems Nova Measuring Numem Inc. Nuvoton Technology NXP Semiconductors onsemi Onto Innovation Phison Electronics Powerchip Semiconductor Powertech Technology Puya Semiconductor Qualcomm Inc. RAAAM Memory Technologies RAMXEED Rambus Inc. Realtek Semiconductor Renesas Electronics Rohm Semiconductor Samsung Electronics SanDisk Corporation ScaleFlux For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
BBC News
06-06-2025
- Science
- BBC News
Inside one of the world's most advanced supercomputers
The Swiss city of Lugano is home to one of the world's most advanced supercomputers. BBC Tech Now visits a centre with the latest generation of high-performance computing to understand how the technology stays cool. This video is from Tech Now, the BBC's flagship technology programme.
Yahoo
31-05-2025
- Business
- Yahoo
How bitcoin miners are powering the AI boom
Some bitcoin (BTC-USD) miners are pivoting to artificial intelligence (AI) as the rapidly evolving tech's data center and power demands expand. BitFarms (BITF) CEO Ben Gagnon joins Catalysts with Madison Mills and Interactive Brokers chief strategist Steve Sosnick to dive into the phenomenon. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. Well, high performance computing plays a critical role in the world of artificial intelligence, providing the computational power needed to train, deploy, and scale intelligence systems quick and efficiently. The video's results bring into focus the power demands needed to support AI. Joining us to discuss about Ben Gannon. He's Bitfarm's CEO. Bitfarms is a Bitcoin mining company that is expanding existing data centre infrastructure to support HPC and AI. Workloads to meet the growing energy demands of the industry. Ben, it's always great to speak with you. We were just talking on set about how we kind of need to see the proof in the pudding when it comes to AIROI, and you are a great person to talk to about this. How and where are you seeing the investment in AI playing out in terms of high performance computing and infrastructure going forward? It's a great question. You know, for a company like us who've really been focused on building data centres for the last few years that were powering Bitcoin, uh, I think the important thing to focus on is what does these uh new business fras mean for your multiple and your evaluation? And as a Bitcoin miner, most companies in our space usually trade around a 3 to 5 times multiple, but data centre companies trade around a 20 to a 30 times multiple. So because of those contracted revenues, because of that certainty over the long period of time, you're able to unlock a lot of value for shareholders and so on, I think for the investors who are looking around at HBC and AI and trying to figure out where are the opportunities after Nvidia has had such a huge run up over the last 10 plus years. You know, where else are you going to get those those opportunities, and the reality is that as Navidia continues to sell more GPUs and as these GPUs consume more and more power, it's really the infrastructure which is going to be the bottleneck and the really key element here that's going to enable all these companies to benefit from AI. And to the question of which companies benefit from AI one thing we've been circling this morning is the idea of digital assets benefiting and cryptocurrency players benefiting as well. How are you seeing that relationship developing going forward? Oh, it's completely changed the industry almost overnight, you know, 12 months ago there were very few companies that were looking away from pivoting from Bitcoin mining and crypto into HBC and AI, but the math is really, really compelling. And when you look around at the data centre companies that exist today, there's kind of two buckets. You have the traditional data centre companies who have really been focused on building large portfolios of small sites, and then you've got the Bitcoin miners who were focused on building small portfolios of large sites. And when you look at what the data centre needs are for not only for today but for the future, you know, the reality is there's no data centre that's built today that's going to power the GPUs of tomorrow. And so the scale that Bitcoin miners have gives a very, very fast pathway and a very more cost effective approach towards building that new infrastructure a lot faster. And Ben, my co-host for the hour, Steve Salznick has a question for you as well. Hi Ben. The, the, you know, the thing that strikes me here is Nvidia, call it 34 years ago, was really the all-in company during the first sort of, I'm sorry, Bitcoin run in the first crypto run. It's almost like the, the industry's following Nvidia just a little bit late. Am I wrong in thinking that's, you know, that that that analogy is, is, is correct or incorrect, that it's sort of, you know, Nvidia, Nvidia sets the path and, and, and the, and the people who use their chips, uh, into extensively follow along. Well, Nvidia is, is really setting the pace here in terms of the technological development of these chips, um, but you know, computing is something that's growing at an exponential rate for the last 80 years since it was invented, you know, with Alan Turing and the Enigma machine in World War II. Um, you know, with Bitcoin mining, you know, we've had the very, very fast growth rate over the last 16 years and so there's a lot of things that are taking place right now where, um, the math is just really, really changing at such a point. Such a fast pace that you need to be agile, you need to be able to adapt. You need to be able to change your approach to the changing market demands because, you know, HPC and AI before Chat GPT was really for most people, a theoretical thing, um, but when Chat GPT came out and you had a consumer facing application, it became very real and very tangible for people, and that seemed to spark a gold rush, but, uh, I think from where I'm standing and from the customers' conversations that we're having. You know, the demand is is just infinite, and we really have barely even begun to scratch the surface of what's possible here with these new chips and this new kind of computing. And I hear you that you're seeing that demand be infinite, but one of the key questions for investors is whether that demand is going to be infinite for Nvidia. If we do see soft earnings results from Nvidia this evening, how does that impact your business and your confidence in that demand picture for AI? Well, the bottleneck on growth for Compute has always been power outside of the silicone shortage of 2021. So chips are available, they're always going to be available, and Nvidia develops at such a fast pace that you know there's a new generation of chips roughly every 12 months. But at the back end you always need to have the power to plug in those chips and operate them so that you can actually. value out of them and you can generate that return on your investment in the GPUs. So from our side, we haven't seen any reduction in demand even when the Deepse news came out a couple of months ago, there was no reduction in demand. There was no slowing down of these infrastructure buildouts because they're something that may be taking 2 to 5 years to build out one of these large data centre campuses, and you really can't get distracted by a headline that's going to put you back. Ben, really appreciate you joining us and giving us that context. Thank you so much. Thanks for having me.
Globe and Mail
30-05-2025
- Business
- Globe and Mail
Digi Power X Establishes US$100 Million at-the-Market Equity Program to Accelerate Growth
This news release constitutes a 'designated news release' for the purposes of the Company's prospectus supplement dated May 30, 2025 to its short form base shelf prospectus dated May 15, 2025. MIAMI, May 30, 2025 (GLOBE NEWSWIRE) -- Digi Power X Inc. (' Digi Power X ' or the ' Company ') (Nasdaq: DGXX / TSXV: DGX), a vertically integrated power infrastructure company focused on developing cutting-edge data centers for high-performance computing, is pleased to announce that it has entered into an at-the-market sales agreement (the ' ATM Agreement ') with A.G.P./Alliance Global Partners (the ' Agent '). At-the-Market Offering Pursuant to the ATM Agreement, the Company and the Agent will implement an 'at-the-market' equity offering program, under which the Agent may issue and sell from time to time such number of subordinate voting shares of the Company (the ' SV Shares ') having an aggregate offering price of up to US$100 million (the ' ATM Equity Program '). A cash commission of up to 3.0% on the aggregate gross proceeds raised under the ATM Equity Program will be paid to the Agent in connection with its services. The facility is intended as a flexible capital access tool to support Digi Power X's strategic roadmap. The Company intends to use the net proceeds of the ATM Equity Program, if any, primarily for general corporate purposes, including funding ongoing operations and/or working capital requirements, completing construction on the Company's data center, repaying indebtedness outstanding from time to time and completing potential acquisitions to expand mining capacity. 'This filing ensures we have access to low-cost growth capital only if and when needed,' said Michel Amar, Chief Executive Officer of Digi Power X. 'We are operating from a position of strength—debt-free, with solid cash reserves—and remain focused on scaling our AI-ready Modular Solution platform in collaboration with Super Micro, as previously announced.' Since the SV Shares will be distributed at trading prices prevailing at the time of the sale, prices may vary between purchasers during the period of distribution. The volume and timing of sales, if any, will be determined at the sole discretion of the Company's management and in accordance with the terms of the ATM Agreement. To date, no SV Shares have been distributed by the Company pursuant to the ATM Agreement. Sales of SV Shares, if any, under the ATM Equity Program are anticipated to be made in transactions that are deemed to be 'at-the-market distributions' as defined in National Instrument 44-102 Shelf Distributions, as sales made directly on the Nasdaq Capital Market or another trading market for the shares in the United States at the market price prevailing at the time of each sale. No SV Shares will be offered or sold under the ATM Equity Program on the TSX Venture Exchange or any other trading market in Canada. The ATM Equity Program may be terminated by either party at any time. The offer and sale of the SV Shares under the ATM Equity Program will be made by means of a prospectus supplement dated May 30, 2025 (the ' Prospectus Supplement ') to the Company's short form base shelf prospectus dated May 15, 2025 (the ' Base Shelf Prospectus ' and, together with the Prospectus Supplement, the ' Prospectus ') and U.S. registration statement on Form F-10 (the ' Registration Statement '), which includes the Base Shelf Prospectus. The Registration Statement was declared effective by the United States Securities and Exchange Commission (the ' SEC ') on May 20, 2025. The Prospectus has been filed with the applicable provincial regulatory authorities in Canada and the SEC. The Prospectus is available on the SEDAR+ website maintained by the Canadian Securities Administrators at and is available on the SEC's EDGAR website at This news release does not constitute an offer to sell or the solicitation of an offer to buy securities in the United States or in any jurisdiction where the offer, sale or solicitation would be unlawful. The SV Shares referred to in this news release may not be offered or sold in the United States absent registration or an applicable exemption from registration. About Digi Power X Digi Power X is an innovative energy infrastructure company that develops cutting-edge data centers to drive the expansion of sustainable energy assets. For further information, please contact: Michel Amar, Chief Executive Officer Digi Power X Inc. Investor Relations T: 888-474-9222 Email: IR@ Cautionary Statement Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statements Except for the statements of historical fact, this news release contains 'forward-looking information' and 'forward-looking statements' (collectively, 'forward-looking information') that are based on expectations, estimates and projections as at the date of this news release and are covered by safe harbors under Canadian and United States securities laws. Forward-looking information in this news release includes statements with respect to the future issuance of SV Shares sold under the ATM Equity Program, the aggregate gross proceeds of the ATM Equity Program, the use of proceeds from any sales of SV Shares under the ATM Equity Program and information about potential further improvements to profitability and efficiency across the Company's operations, including, as a result of the Company's expansion efforts, potential for the Company's long-term growth and clean energy strategy, and the business goals and objectives of the Company. Factors that could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to: market conditions and other factors that may affect the Company's ability to utilize the ATM Equity Program and the prices at which the Company may sell SV Shares in the ATM Equity Program; future capital needs and uncertainty of additional financing; share dilution resulting from equity issuances; risks relating to the strategy of maintaining and increasing Bitcoin holdings and the impact of depreciating Bitcoin prices on working capital; effects on Bitcoin prices as a result of the most recent Bitcoin halving; development of additional facilities and installation of infrastructure to expand operations may not be completed on the timelines anticipated by the Company, or at all; deployment of artificial intelligence and high-performance computing infrastructure may not be completed on the timelines anticipated by the Company, or at all; ability to access additional power from the local power grid and realize the potential of the clean energy strategy on terms which are economic or at all; a decrease in cryptocurrency pricing, volume of transaction activity or generally, the profitability of cryptocurrency mining; further improvements to profitability and efficiency may not be realized; development of additional facilities to expand operations may not be completed on the timelines anticipated by the Company; ability to access additional power from the local power grid; an increase in natural gas prices may negatively affect the profitability of the Company's power plant; the digital currency market; the Company's ability to successfully mine digital currency on the cloud; the Company may not be able to profitably liquidate its current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on the Company's operations; the volatility of digital currency prices; and other related risks as more fully set out in the Annual Information Form of the Company and other documents disclosed under the Company's filings at and The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company. In connection with the forward-looking information contained in this news release, the Company has made assumptions about, among other things, market conditions and other factors that may affect the Company's ability to utilize the ATM Equity Program and the prices at which the Company may sell SV Shares in the ATM Equity Program; the dilutive effect of issuances of SV Shares in the ATM Equity Program, the current profitability in mining cryptocurrency (including pricing and volume of current transaction activity); profitable use of the Company's assets going forward; the Company's ability to profitably liquidate its digital currency inventory as required; historical prices of digital currencies and the ability of the Company to mine digital currencies on the cloud will be consistent with historical prices; the ability to maintain reliable and economical sources of power to run its cryptocurrency mining assets; the negative impact of regulatory changes in the energy regimes in the jurisdictions in which the Company operates; and there will be no regulation or law that will prevent the Company from operating its business. The Company has also assumed that no significant events occur outside of the Company's normal course of business. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainties therein. The Company undertakes no obligation to revise or update any forward-looking information other than as required by applicable law.
