Applied Digital is building a high-margin, REIT-like AI infrastructure platform, securing long-term hyperscaler leases and multi-gigawatt power capacity. APLD's recent $2.4B power project and $2.15B ...

Applied Digital is raising capital against a long-term hyperscaler contract to fund AI infrastructure growth. The company’s $2.15 billion financing strengthens its ability to scale in a ...

Energy group Babcock & Wilcox (B&W) said it will proceed on a $2.4-billion design-build agreement with an independent power producer (IPP) to support data center campuses. B&W on March 4 said the deal ...

Applied Digital Corporation (NASDAQ:APLD) is one of the stocks that should double in 3 years. On March 4, Applied Digital Corporation announced that its subsidiary, APLD ComputeCo 2 LLC, priced a ...

Meta is reportedly establishing a new applied AI engineering organization to strengthen its superintelligence ambitions, according to an internal memo viewed by The Wall Street Journal. Some ...

Meta Platforms META-0.25%decrease; red down pointing triangle is creating a new applied AI engineering organization to help bolster the company’s superintelligence efforts, according to an internal ...

Santa Monica-based investment firm Applied Real Intelligence (A.R.I.) announced a growth capital investment in Toronto-based lifestyle brand and clothing company October’s Very Own (OVO). Financial ...

CoreWeave is Applied Digital’s anchor customer with $11B in contracted lease revenue across 400 MW of data center capacity. Applied Digital holds $2.6B in debt against $1.9B in cash and issued $2.35B ...

Applied Digital shares jumped after Nvidia announced a $2 billion investment in CoreWeave, a key customer of Applied Digital. The Nvidia-CoreWeave deal helps calm investor worries about whether ...

China has applied to launch nearly 200,000 satellites into Earth orbit, but the move may be an attempt at merely reserving orbital space rather than a genuine effort to build the largest ...

Shares of Applied Digital rose after the company completed a development loan facility with Macquarie Group to fund the pre-lease development costs for new data center projects. The stock rose 6.4% to ...

I posted a meme yesterday saying that I missed crafting, now six months into Destiny 2’s new tiered loot system, where crafting has now been completely abandoned. This is significant because I was ...