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Applied Digital

Operator

Applied Digital builds purpose-built AI data centers from the ground up, optimized for NVIDIA GPUs, scalability, energy efficiency, and HPC applications. It delivers infrastructure for AI factories, crypto mining, and cloud services to support next-gen compute demands.

About Applied Digital

Applied Digital is a data center operator based in the United States. The company provides colocation, cloud, and managed services to clients across various industries. With a focus on delivering reliable and secure data infrastructure solutions, Applied Digital leverages its technical expertise and innovative approach to differentiate itself in the competitive data center market.


Applied Digital is a U.S.-based designer, developer, and operator of next-generation digital infrastructure solutions focused on high-performance computing and artificial intelligence data centers in North America.

Company Overview

Ownership Type

Public

Recent Activity

  • M&A / fundingAug 11, 2026$9.1B

    Riot Platforms signs $9.1B Anthropic data centre deal; AI infrastructure peers gain

    Riot Platforms signed a $9.1B data centre deal with Anthropic. AI infrastructure peers including IREN, Applied Digital and TeraWulf moved higher in response.

  • EnergizationAug 10, 2026400 MW

    Applied Digital's Polaris Forge 1 AI data center revitalizes Ellendale, North Dakota

    Applied Digital's Polaris Forge 1, an approximately $11 billion, 2.5-million-square-foot, 400-megawatt AI data center in Ellendale, North Dakota, has been operational since 2022 and is transforming the town's economy. In the first seven months of 2026, the town collected $3.5 million in sales-tax revenue, nearly nine times its pre-data-center annual total of $400,000. The project has funded infrastructure improvements including street repaving, a public-safety complex, and housing development, while creating 200–400 permanent full-time jobs in operations, maintenance, and security. The facility leverages North Dakota's cold climate for cooling efficiency and supports long-term local economic sustainability.

  • Stage changeJul 27, 2026

    Applied Digital Schedules Fiscal Q4 and Full Year 2026 Earnings Call for July 27

    Applied Digital (APLD) has announced its schedule for the fiscal fourth quarter and full year 2026 earnings call. The call is set to take place on July 27, 2026. This event will provide investors and stakeholders with an update on the company's financial performance and strategic developments.

  • GridJul 22, 2026756 MW

    Cleco to Build 756MW Natural Gas Plant for Applied Digital Data Center

    Cleco announced plans to construct a 756MW natural gas power plant in Rapides Parish, Louisiana, specifically to serve Applied Digital's data center facility. This onsite generation project represents a significant infrastructure commitment to support the hyperscale data center's power requirements. The plant will be dedicated to the data center operation, ensuring reliable power supply for the facility.

  • Stage changeJul 16, 2026

    Applied Digital Expands North Dakota AI Campus

    Applied Digital is expanding its AI campus in North Dakota on schedule. The expansion is part of the company's ongoing development of its data center facilities to support artificial intelligence workloads. This expansion is expected to enhance the company's capacity and capabilities in the growing AI sector.

  • LeaseJun 8, 2026210 MW

    Applied Digital Signs 210 MW Lease at Delta Forge 2, Expanding AI Factory Franchise Model

    Applied Digital has signed a new 15-year lease agreement for 210 MW of critical IT load at its Delta Forge 2 AI Factory campus. This deal with a U.S.-based hyperscaler brings the company's total contracted portfolio to approximately $36 billion across five campuses.

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