Applied Digital Corporation (NASDAQ: APLD) Accelerates National AI Infrastructure Buildout with $5B in Financing and New North Dakota Campus
Construction begins on 280 MW “Polaris Forge 2” data center in North Dakota, anchored by hyperscale leases $5B equity facility, $160M strategic financing, and $3B campus launch position Applied Digital as a U.S. AI infrastructure leader Combined investments target sustainable, liquid-cooled, GPU-optimized data centers for next-generation AI workloads Applied Digital (NASDAQ: APLD) has kicked off an aggressive expansion strategy that cements its role as one of the most ambitious builders of AI-ready infrastructure in the United States, according to head of news reporting at AiNews.com, Alicia Shapiro. The company has broken ground on Polaris Forge 2, a $3 billion, 280-megawatt data center in…