Latest News In Cloud AI - Expanding AI Infrastructure: Applied Digital's Major Lease Agreement

Applied Digital has solidified its expansion into advanced compute infrastructure by finalizing an additional 150MW lease agreement with CoreWeave at its Polaris Forge 1 Campus in North Dakota. This new lease increases the total critical IT capacity across the site's three long-term agreements to 400MW, supporting CoreWeave's AI and high-performance computing operations. The Polaris Forge 1 Campus, engineered to eventually scale up to 1 gigawatt, utilizes renewable power and North Dakota’s...