Applied Digital Announces Strategic Collaboration with Hewlett Packard Enterprise to Deliver AI Cloud Services
30 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 a collaboration with Hewlett Packard Enterprise
(HPE), a global edge-to-cloud
company. As part of the collaboration, HPE will deliver its
powerful, energy-efficient supercomputers that are proven to
support large-scale AI through Applied Digital’s AI cloud service.
Applied Digital will leverage HPE Cray XD supercomputers,
featuring NVIDIA H100 GPUs, to enhance its AI Cloud service and
efficiently support critical workloads such as AI, machine
learning, rendering, and HPC tasks involving digital modeling and
simulation. By harnessing the power of HPE's supercomputers,
Applied Digital will provide its customers with maximum performance
to support compute and data-intensive needs with cost-effective
solutions.
“We are excited to partner with HPE to elevate our AI Cloud
Service offering and further capitalize on the growth we are
experiencing in AI applications and demand for our next-generation
digital infrastructure,” said Wes Cummins, CEO of Applied Digital.
“HPE’s renowned reputation and expertise in running AI at scale
further solidifies our position as a trusted partner in this space.
This partnership comes at a pivotal time for our company as we
continue to expand our current capacity pipeline of up to 200MW for
our HPC data centers.”
“Supercomputing is purpose-built and proven to support AI
training requirements for a growing market of large-scale AI, such
as generative AI. However, most enterprises do not have the
expertise, budget, and data center resources to manage the high
complexity of supercomputers,” said Justin Hotard, executive vice
president and general manager, HPC, AI & Labs, at HPE. “We are
committed to making our leadership supercomputers accessible
through the cloud and look forward to collaborating with Applied
Digital to extend the HPE Cray supercomputers to its AI cloud
service. The partnership with Applied Digital will enable
enterprises to build robust and accurate AI models to unlock value,
accelerate time-to-market, and generate business or research-driven
outcomes.”
Last month, Applied Digital announced the launch of its Cloud
Services that will provide high-performance computing power for
high density applications. In conjunction with the launch of its
Cloud Services, the Company recently announced the signing of its
second AI customer with an agreement worth up to $460 million over
a 36-month period.
Applied Digital’s next-generation datacenters are ideal for
hosting HPC applications on premises. This solution provides high
compute power, at a lower cost, to replenish the power density
needed for AI/ML 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 Hewlett Packard EnterpriseHewlett Packard
Enterprise (NYSE: HPE) is the global edge-to-cloud company that
helps organizations accelerate outcomes by unlocking value from all
of their data, everywhere. Built on decades of reimagining the
future and innovating to advance the way people live and work, HPE
delivers unique, open and intelligent technology solutions as a
service. With offerings spanning Cloud Services, Compute, High
Performance Computing & AI, Intelligent Edge, Software, and
Storage, HPE provides a consistent experience across all clouds and
edges, helping customers develop new business models, engage in new
ways, and increase operational performance. For more information,
visit: www.hpe.com.
Forward-Looking Statements This release
contains "forward-looking statements" as defined in the Private
Securities Litigation Reform Act of 1995 regarding, among other
things, future operating and financial performance, product
development, market position, business strategy and objectives.
These statements use words, and variations of words, such as
"continue," "build," "future," "increase," "drive," "believe,"
"look," "ahead," "confident," "deliver," "outlook," "expect," and
"predict." Other examples of forward-looking statements may
include, but are not limited to, (i) statements of Company plans
and objectives, including our evolving business model, or estimates
or predictions of actions by suppliers, (ii) statements of future
economic performance, and (iii) statements of assumptions
underlying other statements and statements about the Company or its
business. You are cautioned not to rely on these forward-looking
statements. These statements are based on current expectations of
future events and thus are inherently subject to uncertainty. If
underlying assumptions prove inaccurate or known or unknown risks
or uncertainties materialize, actual results could vary materially
from the Company's expectations and projections. These risks,
uncertainties, and other factors include: decline in demand for our
products and services; the volatility of the crypto asset industry;
the inability to comply with developments and changes in
regulation; cash flow and access to capital; and maintenance of
third party relationships. Information in this release is as of the
dates and time periods indicated herein, and the Company does not
undertake to update any of the information contained in these
materials, except as required by law.
Investor Relations Contacts Matt Glover
or Alex Kovtun Gateway Group, Inc. (949) 574-3860
APLD@gateway-grp.com
Media Contact Robert Collins or Brenlyn
Motlagh Gateway Group, Inc. (949) 899-3135
APLD@gateway-grp.com
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