Applied Digital Corporation (APLD) is a Dallas-based designer, builder, and operator of next-generation, high-performance AI data centers, purpose-built for the hyperscale AI infrastructure revolution. Named “Best Data Center in the Americas 2025” by Datacloud, Applied Digital combines hyperscale expertise, proprietary waterless cooling, and rapid deployment capabilities to deliver secure, scalable compute at industry-leading speed and efficiency while creating economic opportunities in underserved communities through its award-winning Polaris Forge AI Factory model.
Having strategically pivoted from blockchain to high-performance computing, the company has now surpassed 1 gigawatt of contracted capacity across multiple campuses, secured a $5 billion funding facility with Macquarie Asset Management, and locked in landmark 15-year leases with CoreWeave (CRWV) and multiple U.S.-based investment-grade hyperscalers, making it one of the most compelling pure-play AI infrastructure construction stories in the public markets.