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Applied Digital Corp. Enters Multibillion-Dollar Partnership with CoreWeave to Expand Data Center Capacity.
Contract Type
partnership
DallasInformation TechnologyData CenterIT InfrastructureDescription
Applied Digital Corp. has signed a transformative multibillion-dollar partnership with CoreWeave, resulting in two 15-year lease agreements for 250 megawatts of data center capacity. This agreement is projected to generate $7 billion in revenue, signaling strong market confidence.
Quick answer
Applied Digital Corp. Enters Multibillion-Dollar Partnership with CoreWeave to Expand Data Center Capacity. (June 6, 2025). Applied Digital Cloud is based in Dallas, Texas, United States.
- What agreement did Applied Digital Cloud announce on June 6, 2025?
- Applied Digital Corp. has signed a transformative multibillion-dollar partnership with CoreWeave, resulting in two 15-year lease agreements for 250 megawatts of data center capacity. This agreement is projected to generate $7 billion in revenue, signaling strong market confidence.
- What does Applied Digital Cloud do?
- 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...
- Where is Applied Digital Cloud based?
- Applied Digital Cloud is based in Dallas, Texas, United States.
Source: Fundz verified event record.
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