Applied Digital Plans Cloud Spin-Out and EKSO Partnership for ChronoScale Launch
Originally Published 14 days ago — by Applied Digital Corporation (APLD)
Applied Digital and EKSO announced a non-binding agreement to combine their cloud and exoskeleton businesses to form ChronoScale, a platform focused on high-performance GPU infrastructure for AI workloads, aiming to meet growing demand for specialized AI compute solutions. The transaction is expected to close in the first half of 2026, with Applied Digital owning about 97% of the new company.