WhiteFiber, Inc. (NASDAQ: WYFI)

WhiteFiber, Inc. is a leading provider of artificial intelligence infrastructure solutions, specializing in high-performance computing data center operations and cloud-based GPU services for AI and machine learning workloads. The company designs, develops, and operates Tier-3 data centers while delivering scalable cloud services that support generative AI training and inference, integrating owned infrastructure with proprietary technology to address the power density cooling and bandwidth demands of advanced computing applications.

WhiteFiber generates revenue through two primary streams: hosting and colocation services from its owned and leased data center facilities, and cloud-based GPU services provided via its WhiteFiber Cloud Services business. Revenue is derived from long-term lease agreements with enterprise and GPU cloud customers, as well as usage-based contracts for access to NVIDIA GPU clusters and specialized AI infrastructure, with pricing reflecting performance reliability and scalability offerings.

The company operates through the following segments: HPC Business and WhiteFiber Cloud Services.

• The HPC Business segment encompasses the design development and operation of Tier-3 data centers that provide hosting and colocation services, including the fully leased MTL-1 facility in Montreal and ongoing development of MTL-2 MTL-3 and NC-1 sites to support high-density AI workloads with advanced cooling and power infrastructure.

• The WhiteFiber Cloud Services segment delivers specialized GPU cloud services for generative AI workstreams, utilizing NVIDIA GPUs and proprietary software like WhiteFiber Cloud AI to link clusters across sites, with services offered from third-party colocation sites in Iceland and planned integration into owned data centers to support training and inference for enterprise and marketplace customers.

WhiteFiber holds a competitive position in the rapidly growing AI infrastructure market through its vertically integrated model that combines owned data center capacity with cloud services, enabling margin capture and reduced dependency on third-party providers, while its focus on retrofitting existing sites allows faster deployment and lower build-out costs compared to greenfield development, supported by strategic partnerships with NVIDIA Super Micro Dell Hewlett Packard Enterprise and Quanta Computing.

The company serves enterprise clients in healthcare finance and technology sectors, as well as GPU cloud customers including AI application developers and multi-cloud marketplaces such as Shadeform and Boosteroid, with specific named customers including the Initial Customer Cerebras and DNA Holdings Venture Inc.'s AI Compute Fund, alongside eight active cloud service contracts as of June 30, 2025.