Applied Digital (APLD) Announces $160 Million Strategic Financing from Accredited Investors, NVIDIA

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Applied Digital Announces $160 Million Strategic Financing, Fueling Transformative Accelerated Compute and AI Infrastructure

September 5, 2024 9:00 AM EDT

Investment Endorses Applied Digitals Track Record of Innovation, Accelerating the Creation and Application of its Data Center and GPU Cloud Deployments

DALLAS, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) (Applied Digital or the Company), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (HPC) applications, today announced that it has entered into definitive agreements for a $160 million... More