Contractual AgreementsApplied Digital secures a 15-year lease for 200MW with a U.S.-based, investment-grade hyperscaler, valued at $5B in contracted revenue.
Expansion And GrowthApplied Digital announced it will break ground on Polaris Forge 2, a 280MW AI Factory in Harwood, ND, signaling expansion beyond APLD's 400MW CITL campus in Ellendale, ND.
Financial PerformanceAPLD reported stronger than expected top-line results.