Applied Digital announced a 15-year deal to lease 250 MW of power to CoreWeave at their Ellendale, North Dakota campus. CoreWeave plans to deploy large-scale NVIDIA GPU arrays for AI training, while Applied Digital secures roughly $7 billion in committed revenue over the lease term. This partnership cements Applied Digital’s position as a leading real-estate investment trust specializing in AI data-center infrastructure.
🖥️ Server: Applied Digital Locks in 250 MW AI Campus Deal with CoreWeave
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