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DALLAS, April 30, 2025 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq ... draws under the Facility to fund development of the Ellendale HPC Campus and for general corporate purposes.

Applied Digital Inc. (NASDAQ ... broke ground in its first 100 MW 369,000 square-foot HPC facility in Ellendale, North Dakota, for AI/HPC workloads. The first building is set to come online ...

Chief Financial Officer of Applied Digital. “This financing enables us to advance the development of our Ellendale HPC Campus, and we look forward to strengthening our relationship with SMBC as ...

“We are pleased to announce this facility which will provide capital to further the development of our Ellendale HPC Campus,” said Wes Cummins, Chief Executive Officer of Applied Digital.