AI needs powerDigi Power X Inc.BATS:DGXXValeriKablanWhat could be the next stage of the AI infrastructure cycle? One company that caught my attention is DGXX (Digi Power X). The company began as a Bitcoin miner, but instead of simply chasing the next trend, it is leveraging one of its biggest existing assets: power. Today, one of the largest bottlenecks for AI infrastructure isn’t GPUs—it’s electricity. Many developers first announce AI data centers and only then begin searching for enough power to operate them. DGXX is approaching the problem from the opposite direction. * Owns and operates power infrastructure. * Can monetize excess electricity by selling it back to the U.S. grid when appropriate. * Is converting existing energy assets into AI infrastructure. * Has already signed its first commercial GPU-as-a-Service contract, a 24-month agreement worth approximately $19.6 million, marking the launch of its NeoCloudz platform. * Digi Power X (NASDAQ:DGXX) partnered with AI chipmaker Cerebras Systems in a colocation agreement for a 40-megawatt AI data center campus in Columbiana, Alabama. The initial 10-year term is valued at roughly $1.1 billion, with the potential to reach $2.5 billion, and builds toward an expected revenue run-rate by early 2027. Meanwhile, DGXX still trades with a market capitalization below $500 million, making it one of the smaller publicly traded AI infrastructure plays. This isn’t a prediction that it will become the next winner. The company still has to execute, sign additional customers, finance its expansion and prove that the pivot from Bitcoin mining to AI infrastructure can generate durable cash flows. But if the AI build-out continues and power remains the industry’s biggest constraint, companies that already control energy assets may deserve a closer look. Not financial advice. Just sharing an investment idea for discussion and education.