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3 stories tagged #Applied Digital

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  1. Applied Digital Secures $7.5 Billion AI Data Center Lease with U.S. Hyperscaler
    tech

    Applied Digital Secures $7.5 Billion AI Data Center Lease with U.S. Hyperscaler

    Applied Digital inks a landmark $7.5 billion, 15-year lease for 300 megawatts of AI data center capacity with an investment-grade U.S. hyperscaler.

    last mo. 1 min read
  2. Applied Digital Sees Wider Net Loss Despite Revenue Surge
    finance

    Applied Digital Sees Wider Net Loss Despite Revenue Surge

    Applied Digital's net loss widened in its third quarter due to increased expenses and a one-time charge, even as revenue significantly beat estimates driven by data center demand.

    2mo ago 1 min read
  3. Applied Digital Surpasses Revenue Expectations Amidst AI Infrastructure Boom
    tech

    Applied Digital Surpasses Revenue Expectations Amidst AI Infrastructure Boom

    Applied Digital reports strong quarterly revenue, exceeding estimates due to surging demand for data center services supporting generative AI growth.

    2mo ago 1 min read