
Applied Digital Signs $5 Billion AI Infrastructure Deal
Applied Digital's stock surged after the company announced a 15-year, $5 billion lease agreement to provide 200 megawatts of AI computing capacity.
#Applied Digital#APLD#Artificial Intelligence
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Applied Digital's stock surged after the company announced a 15-year, $5 billion lease agreement to provide 200 megawatts of AI computing capacity.

Applied Digital's stock surged 16% after the company reported an 84% revenue increase and a major $11 billion, 15-year AI data center deal with CoreWeave.