business

WhiteFiber Acquires Two North Carolina Data Center Sites

Summarized from All Financial Services & Investing

WhiteFiber completed the purchase of two NC development sites via its Enovum subsidiary and issued an update on its NC-1 project.

WhiteFiber Acquires Two North Carolina Data Center Sites

WhiteFiber, Inc. (Nasdaq: WYFI), a New York-based provider of artificial intelligence infrastructure solutions, announced Monday it has finalized the acquisition of two data center development sites in North Carolina, moving forward on a strategy to expand its AI-focused infrastructure footprint in the southeastern United States.

The transactions were executed through the company's wholly owned subsidiary, Enovum Data Centers Corp., which serves as WhiteFiber's primary vehicle for data center development and operations. The company did not disclose the financial terms of either site acquisition in its announcement.

Read more Artprice Launches Spanish AI Dialogue Book Targeting Global South →

Alongside the closing, WhiteFiber provided a progress update on its NC-1 project, the flagship North Carolina data center development that has drawn investor attention as demand for AI computing capacity continues to outpace available supply across major U.S. markets. North Carolina has emerged as a competitive destination for hyperscale and AI-oriented data center projects, owing to relatively favorable power costs and available land.

The dual-site acquisition signals an intent by WhiteFiber to build out a broader regional cluster rather than a single standalone facility, a development model that can offer operational efficiencies and redundancy advantages for enterprise and cloud customers. The company has positioned itself as an infrastructure enabler for the growing AI sector, which requires dense, power-intensive computing environments.

Continue reading at All Financial Services & Investing.

Frequently Asked Questions

Q.What company did WhiteFiber use to acquire the North Carolina data center sites?

WhiteFiber completed the acquisitions through its wholly owned subsidiary, Enovum Data Centers Corp.

Q.What is WhiteFiber's NC-1 project?

NC-1 is WhiteFiber's flagship North Carolina data center development project, on which the company provided a progress update alongside the site acquisition announcement.

Q.What does WhiteFiber do as a company?

WhiteFiber, Inc., traded on Nasdaq under the ticker WYFI, describes itself as a provider of artificial intelligence infrastructure solutions.

More in business →