DCD Magazine #62 - The coming wave
Will compute at sea sink or swim?
News - The Investment & Markets Channel, Applied Digital
The latest news from the AI, data center, telco, chip, and cloud sector
DCD Magazine #62 out now
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Applied Digital secures customer for new 210MW data center campus
Company now working on fifth AI campus, three leased to single unnamed hyperscaler
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Applied Digital signs 430MW data center lease with unnamed hyperscaler
Applied also completes spin-out of cloud business
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Applied Digital plans cloud unit spin-out
Company teams up with Ekso Bionics to form ChronoScale Corporation
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Applied Digital, Cipher Mining, CleanSpark look to raise billions of dollars in senior notes for AI data center build-outs
Three companies aiming to raise nearly $5 billion between them
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Applied Digital secures first tranche of $5bn funding from Macquarie
$112.5 million going towards build-out of CoreWeave-leased site in North Dakota
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Applied Digital signs 250MW agreement with CoreWeave for capacity at Ellendale campus, North Dakota
15-year deal is worth around $7bn
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Applied Digital looks to sell cloud business in favor of REIT focus
Company suggests potential hyperscale customers saw a conflict of interest
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Applied Digital closes $375m financing for Ellendale campus in North Dakota
Funds will be used to develop the first and second buildings on the site
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Macquarie invests up to $5 billion in Applied Digital's AI data center business
Invests an initial $900 million in Ellendale campus in North Dakota
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Nvidia among latest investors in Applied Digital
Company secures $160 million, following $50m raise last week
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Applied Digital secures $200m debt facility for North Dakota data center project
Company secures 400MW hosting deal with unnamed hyperscaler at site
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Applied Digital takes out $50m unsecured loan for data center in Ellendale, North Dakota
The Ellendale facility has suffered outage issues
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Applied Digital to sell 200MW Garden City data center campus to Marathon Digital
Crypto sale to help with HPC pivot
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Applied Digital takes out $20m unsecured loan to expand HPC data center buildout
As it shifts from crypto to AI