DALLAS, Feb. 12, 2025 — Applied Digital Corporation (Nasdaq: APLD), a builder of digital infrastructure for HPC applications, announced today that the company, through its HPC subsidiary APLD HPC Holdings LLC (“APLDH”), closed a $375 million financing with Sumitomo Mitsui Banking Corporation (SMBC) of Japan. The company used a portion of the proceeds to repay […]

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DALLAS, Sept. 05, 2024 — Applied Digital Corporation, a builder of digital infrastructure designed for high performance computing applications, today announced it has entered into definitive agreements for a $160 million private placement financing priced at market, from a group of institutional and accredited investors, NVIDIA and related companies, the most prominent privately-owned real estate […]

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DALLAS, March 14, 2024 — Applied Digital Corporation (Nasdaq: APLD), a designer, builder, and operator of digital infrastructure designed for HPC applications, today announced the onboarding of Together AI. Applied Digital received a contract prepayment of $18 million as part of the $75 million contract, and it has onboarded a compute cluster of GPUs and […]

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