Applied Digital CorporationAPLD
Mentioned
Impact on assets 2
Artificial Intelligence
Applied Digital CorporationConsumer Staples
PepsiCo IncPEP
Mentioned
Applied Digital CorporationPepsiCo IncApplied Digital has entered a binding agreement securing access to up to 1 gigawatt of potential power capacity in Finland, marking its first development opportunity outside the United States. Under the agreement, the company plans to develop a large-scale AI Factory campus that could scale to as much as 1 GW, with initial power availability expected to begin in 2028. Applied Digital has started marketing the site and is in discussions with leading global hyperscale customers. Shares of Applied Digital rose 2% premarket on Tuesday following the announcement.
Applied Digital CorporationPepsiCo Inc