WhiteFiber shares rose 11.3% in after‑hours trading after announcing a five‑year AI compute contract worth over $160 million.
The deal, with an investment‑grade technology customer, will deploy advanced NVIDIA GPU systems in the Paris region starting July 2026.
WhiteFiber secured project‑level financing term sheet closing June 2026, funded by customer pre‑payments and limited use of its balance sheet.
CEO Sam Tabar said the contract expands the company’s cloud footprint in Europe and demonstrates capital‑efficient financing.