WhiteFiber Signs $160M AI Compute Infrastructure Deal
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WhiteFiber Secures $160 Million AI Infrastructure Agreement
New York, May 21, 2026 - WhiteFiber, Inc. (Nasdaq: WYFI), a leading provider of AI infrastructure and high-performance computing solutions, today announced that it has entered into a five-year agreement to provide AI compute infrastructure to an investment-grade technology customer. The deployment is scheduled to be located in the Paris region and will leverage advanced NVIDIA GPU systems.
The contract represents a total value in excess of $160 million over the five-year term, with service expected to commence in July 2026, pending final equipment delivery and acceptance milestones. To support the deployment, WhiteFiber has secured a binding term sheet for project-level financing, expected to close in June 2026.
Key Highlights
- Total Contract Value: In excess of $160 million over a five-year period.
- Expansion: Marks the company's entry into the European cloud market.
- Financing Strategy: The project will be supported by customer prepayments, covering 12 months of advance service fees, and external project-level financing, minimizing impact on the corporate balance sheet.
- Technology: Utilization of high-performance NVIDIA GPU systems to support AI workloads.
About WhiteFiber, Inc.
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