US data center developer Applied Digital has expanded its partnership with power technology provider ABB, which will supply power infrastructure for the company’s second AI campus in North Dakota, US.

On Monday, Applied Digital announced its intention to conduct a private offering to raise $2.35 billion in senior secured notes due in 2030, the proceeds of which will be used to help fund ...

Applied Digital, fresh off a strategic pivot into AI infrastructure, announced plans for its subsidiary to offer $2.35 billion in senior secured notes. The funds will be used to finance construction ...

Data center operator Applied Digital (NASDAQ: APLD) is pursuing new finance strategies to pay for expansion plans, now set to offer $2.35 billion in senior secured notes due 2030 per an announcement ...

Applied Digital evolved from Bitcoin hosting to AI infrastructure, securing $16 billion in hyperscale leases across 600 MW of capacity. Fiscal Q1 2026 revenue jumped 84% to $64.2 million, signaling ...

The transaction value is based on the SEC Form 4 weighted average purchase price, while the post-transaction value is based on the price as of market close on Friday. What proportion of Chuck Hastings ...

After Applied Digital Corp (NASDAQ:APLD) reported stronger-than-expected quarterly revenues on after the market closed on Thursday, the focus has shifted to Polaris Forge 2 (PF-2), according to ...

AI data center growth is constrained by capacity, creating a major opportunity for operators like Applied Digital to serve hyperscalers and HPC clients. Applied Digital's pivot to focus on ...

Helldivers 2’s well-thought-out world harbours plenty of secrets, but what you may not know as a beginner is that the title also has a multitude of hidden gameplay mechanics that even the tutorial ...

Occasionally, a company transitions from relative anonymity to becoming a focal point of a megatrend almost instantaneously, and Applied Digital (NASDAQ: APLD) serves as an exemplary case. Only a few ...

Applied Digital Inc. (NASDAQ:APLD) shares are trading higher Monday after the company announced plans to break ground in September on a $3 billion AI data campus in Harwood, North Dakota. What To Know ...

For more than 20 years, Applied Digital didn’t have much of a direction, CEO Wes Cummins admits. The company had multiple names and bounced between industries, providing services ranging from staffing ...