News

The primary catalyst driving Applied Digital's stock surge is a significant, long-term deal with CoreWeave. CoreWeave is a specialized cloud service provider focused on AI and high-performance ...
Applied Digital expects its first 100 MW data center for CoreWeave to be ready for service in the fourth quarter of 2025. The second 150 MW data center facility is currently under construction and ...
Applied Digital Corporation secured a significant 15-year, $7 billion lease with CoreWeave, Inc., validating its HPC hosting pivot. Despite the deal, substantial construction projects pose risks ...
CoreWeave inks 15-year leases for 250MW of IT load at Applied Digital’s Ellendale campus, with options for 300MW more. First data center to go live in Q4 2025; Applied Digital expects $7B in ...
With the debut of the HiPerGuard Medium Voltage Static UPS, ABB and Applied Digital are delivering the first power ...
Applied Digital and CoreWeave strike major deal Applied Digital was the top performer on the S&P 500 (INDEXSP:.INX) on Monday (June 2) after the company announced two long-term lease agreements ...
Applied Digital Corp. has secured two major lease agreements with AI infrastructure giant CoreWeave. The leases are expected to bring in $7 billion in revenue over 15 years.
CoreWeave has finalized a landmark $9 billion all-stock acquisition of Bitcoin mining giant Core Scientific, in a move that ...
CoreWeave’s Deal With Applied Digital. Under the twin agreements announced on 2 June, Applied Digital will deliver 250 MW of critical IT load to host CoreWeave’s GPU clusters.
The CoreWeave deal boosts Applied Digital's credibility and signals to investors that its strategic bet on AI infrastructure is gaining traction. The multi-billion-dollar agreement with CoreWeave ...
The CoreWeave deal boosts Applied Digital's credibility and signals to investors that its strategic bet on AI infrastructure is gaining traction. The multi-billion-dollar agreement with CoreWeave ...