AI cloud firm WhiteFiber has secured a new customer and is expanding into mainland Europe.

The Nasdaq-listed firm has announced a five-year, $160 million deal to provide AI compute infrastructure for an unnamed investment-grade technology customer.

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Expected to start in July 2026, the Nvidia GPU-powered compute will be located in the Paris region. WhiteFiber has secured third-party data center capacity to support the deployment. Further details on the deployment weren’t shared.

“We continue to see strong demand for AI compute infrastructure from enterprise customers globally," said Sam Tabar, CEO of WhiteFiber. "This agreement reflects our ability to originate large-scale AI compute deployments with long-duration, investment-grade customer commitments and capital-efficient financing structures. It also expands our cloud footprint into Europe and reinforces that demand for high-performance AI infrastructure is global."