Applied Digital Corp. (APLD)

Applied Digital Corp., headquartered in Dallas, Texas, designs, develops, and operates next-generation data centers for the high-performance computing (HPC) and AI industry. Led by CEO Wes Cummins, the company’s strategy is to provide the critical "physical layer" for the AI revolution, specifically targeting large-scale GPU hosting and AI cloud services. Their current strategy involves a massive expansion of their 100MW+ liquid-cooled data centers and a strategic partnership with NVIDIA as a cloud service provider. Applied Digital’s mission is to power the future of digital infrastructure, focusing on high-density power delivery and advanced cooling solutions that are essential for training the world’s most complex large language models (LLMs).