Applied Digital
AI data center operator
About
Technology stack
detected 2026-06-15“Applied Digital ($APLD) just crossed 1 GW of contracted capacity, and the same hyperscaler from last month came back for a second 300 MW lease. APLD signed a new 15-year take-or-pay lease at Polaris Forge 3 worth about $7.5B base, up to $18…”
View on Reddit“Been looking into Applied Digital (APLD) lately and honestly surprised it’s not talked about more in the AI space. From what I can tell, they’re not trying to compete directly with hyperscalers like AWS or Azure. Instead, they’re building o…”
View on Reddit“BULLISHHHHH!! APLD Q2 2026 Results - Quick Take Revenue: $126.6M vs $36.2M YoY (+250%). Loss significantly smaller than expected. Adjusted EBITDA: $20.2M vs $6.1M last year. Strong operational improvement. Bullish.”
View on Reddit“Applied Digital owns and leases data centers for hyper scaler clients. In plain english… AI. APLD also recently signed a $7B lease contract with CoreWeave with the option to expand the lease by more than double the current MW as APLD builds…”
View on RedditSome comments are pulled from public discussions around the web (look for the source icon). Quotes are excerpts; click through to read the full thread.
What does Applied Digital do?
Applied Digital builds and operates AI factories providing dedicated GPU infrastructure. The company has major contracts with Oracle and is expanding across the US with 430+ MW facilities.
How much funding has Applied Digital raised?
Applied Digital has raised a total of $20M in funding. The most recent round on record is Series A.
Where is Applied Digital headquartered?
Applied Digital is headquartered in Dallas, United States.
When was Applied Digital founded?
Applied Digital was founded in 2015.
What industry does Applied Digital operate in?
Applied Digital operates in Neocloud, AI Infrastructure, GPU, Cloud Computing, Data Centers, Data Center.
How many employees does Applied Digital have?
Applied Digital has approximately 229 people on record.