Applied Digital Watchlist

tz-plus logo Applied Digital - Data Center Operator Profits Massively from AI Boom!

M. Springman
Reading Time: 1 minute

Business Driver: Applied Digital (APLD) specializes in the construction, operation, and provision of digital infrastructure for particularly compute-intensive applications, addressing attractive growth segments such as AI, high-performance computing (HPC), and blockchain workloads. As a colocation provider, they are already supporting two hyperscalers through lease agreements, including the AI hyperscaler CoreWeave (CRWV) in a 400 MW deal worth approximately $11 billion at the Polaris Forge 1 campus. In addition, a $5 billion deal was completed...

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