WhiteFiber, Inc. (WYFI) filed an investor presentation detailing significant recent commercial momentum for its AI-focused data center and cloud infrastructure services. The update highlights major new contracts, including a large anchor tenant agreement for its NC-1 data center and over $175 million in new cloud service wins.
Key Details
- $865M Data Center Contract: Signed a 10-year, 40 MW IT load agreement with Nscale for its NC-1 facility, representing a total contract value of approximately $865 million. Operational deployment is expected in mid-2026.
- $175M+ in New Cloud Contracts: Secured new cloud service agreements in May 2026 with a total contract value exceeding $175 million. This includes a 5-year, >$160M deal for a Paris region deployment and a 2-year, ~$17M U.S. agreement with Hyperbolic / Modal Labs.
- Development Pipeline & Strategy: The company is pursuing a capital-efficient growth strategy by retrofitting existing industrial sites into data centers, noting a current development pipeline of approximately 1.5 GW.