Applied Digital, headquartered in Dallas, Texas, develops and operates data centers for AI cloud services, high-performance computing, and crypto hosting, employing 121 staff since its IPO in 2002. The company is exploring potential power sources in North Dakota and Texas.
APLD has been in the news recently: Applied Digital Corp (APLD) shares rose 14.0% to $14.54, reflecting an 81.5% increase for the week following a deal with CoreWeave Inc. In early trading, APLD's shares reached new 52-week highs, driven by positive market factors.
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