Applied Digital signs $7.5 billion AI data centre lease with US hyperscaler
Applied Digital has signed a long-term lease worth $7.5 billion with an unnamed US-based hyperscaler at its new Delta Forge 1 site, it said on Thursday, strengthening its position as a data center provider for artificial intelligence workloads.
Shares of the company rose more than 9% in premarket trading following the announcement.
The 15-year lease covers 300 megawatts of computing capacity at the 430-megawatt Delta Forge 1 site in southern US, the company said.
