- Applied Digital secured a site in Finland for a one-gigawatt AI campus, adding European capacity to its pipeline.
- Applied Digital holds 1.41 GW of contracted domestic IT load, representing about $36.2 billion in base-term contracted revenue.
- Applied Digital reported a $221 million net loss, carrying $6.4 billion of debt against $2.9 billion of cash.
- Applied Digital plans to bring over 600 megawatts online within a year, and the heavy infrastructure spending pressures cash flow.
- Applied Digital packages regulatory approval, utility access and real estate to position itself as a turnkey hyperscaler target.