Applied Digital Crushes Q2 Expectations with Strong AI Data Center Growth
Applied Digital (APLD) reports Q2 2026 earnings that exceed analyst estimates, driven by AI data center expansion and major hyperscaler partnerships.
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Applied Digital Plans Cloud Spinoff with EKSO to Form ChronoScale - Citizens Maintains $40 Target
Citizens keeps Outperform rating on Applied Digital at $40 as company plans to spin out cloud business with EKSO Bionics, creating dedicated AI compute platform ChronoScale.
Babcock & Wilcox Expands into AI Data Center Power Market with $1.5B Project
Babcock & Wilcox secures a $1.5 billion agreement to supply one gigawatt of power for Applied Digital’s AI Factory, marking a major step into AI data center energy solutions.
Applied Digital Signs $5 Billion AI Lease with Major U.S. Hyperscaler in North Dakota
Applied Digital inks a $5 billion, 15-year deal with a top U.S. hyperscaler to provide 200 MW of AI data capacity at its new Polaris Forge 2 campus in North Dakota—boosting its total leased capacity to 600 MW.
Applied Digital Reports Strong Q1 2026 Growth in AI Data Center Business
Applied Digital's Q1 2026 results show 84% revenue growth to $64.2M, securing $11B in contracted lease revenue with CoreWeave for AI data center operations.
Applied Digital in Advanced Lease Talks with 'Investment-Grade Hyperscaler'
Applied Digital is currently engaged in advanced discussions regarding a significant lease agreement with a major tech company.