Applied Digital Announces Second AI Cloud Service Customer
23 Junho 2023 - 9:00AM
Applied Digital Corporation (Nasdaq: APLD) (“Applied Digital” or
the “Company”), a designer, builder, and operator of
next-generation digital infrastructure that is designed for
High-Performance Computing (“HPC”) applications, today announced
that its recently launched AI Cloud Service, through its
wholly-owned subsidiary Sai Computing, has secured its second AI
customer with an agreement worth up to $460 million over 36-months.
“This agreement marks another milestone in APLD’s HPC/AI
Infrastructure growth trajectory as we continue to strategically
expand our focus on artificial intelligence cloud services in
addition to our next-generation datacenters,” said Applied Digital
CEO and Chairman, Wes Cummins. “As the AI industry continues to
grow at unprecedented levels, we continue to see extraordinary
demand for our new cloud service as a result.”
Last month, Applied Digital announced the launch of its Cloud
Services which will provide high-performance computing power for AI
applications. In conjunction with the launch of its AI Cloud
Services, the Company announced the signing of its first AI
customer with an agreement worth up to $180 million over
24-months.
Applied Digital continues to strategically push forward ongoing
customer demand by adding capacity with its next-generation
datacenters. The datacenters are ideal for hosting HPC applications
that offer lower-cost, high-efficiency solutions compared to
traditional datacenters that typically do not have the ability to
provide the power density required for AI workloads.
About Applied Digital Applied Digital (Nasdaq:
APLD) designs, develops, and operates next-generation datacenters
across North America to provide digital infrastructure solutions to
the rapidly growing high-performance computing (HPC) industry. Find
more information at www.applieddigital.com. Follow us on Twitter at
@APLDdigital.
About Sai Computing Sai
Computing Holdings LLC. provides GPU computing solutions to help
customers more cost-effectively execute critical AI, ML, rendering,
web3, and other HPC workloads. Our infrastructure is purpose-built
for high-performance at ultra-low cost. Find more information at
www.saicomputing.com.
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Investor Relations Contacts
Matt Glover or Alex Kovtun
Gateway Group, Inc.
(949) 574-3860
apld@gateway-grp.com
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