Digi Power X Inc. (NASDAQ: DGXX) announced the launch of US Data Centers Inc., an AI infrastructure platform focused on developing and deploying modular data centers. The company completed an initial capital raise that values USDC at approximately $10 million.

Hans Vestberg, former chairman and CEO of Verizon Communications and current BlackRock board member, co-founded this phase of USDC and will serve as senior advisor. The company issued 3.2 million preferred stock shares for $800,000 in the initial funding round.

USDC operates the ARMS platform, which produces modular Tier III-certified data centers designed for AI computing workloads. The units are engineered for faster deployment compared to traditional data center construction timelines.

The platform targets hyperscalers, cloud service providers, enterprise customers deploying private AI infrastructure, sovereign AI initiatives, and colocation tenants. USDC aims to serve deployments ranging from single units to multi-megawatt installations.

Digi Power X retains majority ownership of USDC with more than 50% of the entity's equity through common stock holdings. Company officers and directors received 10.2 million USDC common stock shares in exchange for services.

"We are extremely excited to partner with Hans Vestberg in this next phase of US Data Centers, Inc.," said Michel Amar, chairman and CEO of Digi Power X. "Hans brings unparalleled experience in global telecommunications infrastructure and technology leadership."

Vestberg stated that global AI computing demand is "accelerating at an unprecedented pace" and described the market shift as massive.

The transaction qualifies as a related party transaction under regulatory definitions. Digi Power X relied on exemptions from formal valuation requirements based on the insider participation not exceeding 25% of the company's market capitalization.