WhiteFiber Signs AI Compute Agreement with Total Contract Value in Excess of $160 Million with Investment-Grade Technology Customer
Summary
WhiteFiber announced a five-year agreement to provide AI compute infrastructure for an investment-grade technology customer in the Paris region, with a total contract value in excess of $160 million. The deployment will use advanced NVIDIA GPU systems and is expected to commence service in July 2026 subject to equipment delivery and acceptance. WhiteFiber entered a binding term sheet for project-level financing, supported by customer prepayments (including 12 months of advance service fees) and limited reliance on its corporate balance sheet; the financing is expected to close in June 2026. The company secured third-party data center capacity in France and frames the deal as an expansion of its European cloud footprint to meet global demand for high-performance AI infrastructure.