Applied Digital and CoreWeave Secure $7B Data Center Deal in North Dakota
Originally Published 7 months ago — by Stock Titan
Applied Digital has secured two 15-year lease agreements with CoreWeave to provide 250MW of critical IT load for AI and HPC infrastructure at its Ellendale, North Dakota data center, expected to generate around $7 billion over the lease term, with facilities planned to be completed by 2025 and 2026, and potential for expansion.