Applied Digital has raised $160 million in a funding round to enhance its operations in AI and data center solutions. The funding will support growth and debt-financing projects for a new data center in North Dakota.

Nvidia

Applied Digital Corporation (Nasdaq: APLD) designs, develops and operates next-generation data centers across North America to provide digital infrastructure solutions to the rapidly growing high-performance computing (HPC) industry.

https://applieddigital.com/

Data Center

Applied Digital raised $160 million in a funding round led by Nvidia to fuel growth and expand its AI cloud-computing business.

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