Applied Digital

Positioning

Former crypto-mining site owner turned AI-factory developer in North Dakota and the South, with 1.4 GW of contracted IT load for CoreWeave and two hyperscalers financed by secured notes and Macquarie preferred equity.

Latest signals

• 22 Oct 2026Soluna and Applied Digital will build a 50MW data center at Soluna’s Dorothy 3 site in Texas.Data Center Dynamics
• 8 Oct 2026Alibaba Group and Applied Digital Corp announced new data-center investment plans in Finland.36Kr newsflashes
• 5 Oct 2026Applied Digital completed a second building at its Ellendale data center campus, adding 75MW of capacity.Data Center Dynamics
• 14 Sept 2026Applied Digital uses proprietary waterless cooling technology in its digital infrastructure.Applied Digital
• 14 Sept 2026Applied Digital reports 175 MW of live capacity and 1.4 GW of critical IT capacity under contract.Applied Digital

9 signals name Applied Digital. Members see all of them, filtered by topic, source and date.

Facts, with sources

• 14 Sept 2026100-500mRevenue band · Applied Digital
• 14 Sept 20261.4 GW of critical IT capacity under contractContract · Applied Digital
• 14 Sept 2026210 MW lease at Delta Forge 2Contract · Applied Digital
• 27 Jul 2026Three new hyperscaler leasesContract · Applied Digital release

13 facts on file. Members see all of them with the source link.

Scores, AI Core (of 10)

Traction: deployment, production, commercials, progress. Capability: technology, positioning, firepower, leverage.

Categories