STOCK TITAN

Applied Digital Announces Ellendale HPC Data Center Development Milestone

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

Applied Digital (Nasdaq: APLD) has achieved a significant milestone in its Ellendale HPC data center development with the successful energization of its on-site main substation transformer. The event was attended by representatives from Applied Digital, Montana-Dakota Utilities (MDU), and local officials including Mayor Don Flaherty.

This advancement enables the company to begin equipment commissioning activities at the purpose-built facility designed for AI and high-performance computing applications. Additionally, Applied Digital has submitted a petition for annexation of its property to the City of Ellendale, which is expected to generate increased revenue streams and expanded municipal services for the community. The project's community impact was recently recognized at the 18th Annual Data Center Dynamics Awards.

Applied Digital (Nasdaq: APLD) ha raggiunto un traguardo significativo nello sviluppo del suo data center HPC di Ellendale con l'energizzazione riuscita del trasformatore della sottostazione principale in loco. L'evento ha visto la partecipazione di rappresentanti di Applied Digital, Montana-Dakota Utilities (MDU) e funzionari locali, tra cui il sindaco Don Flaherty.

Questo progresso permette all'azienda di avviare le attività di commissioning delle attrezzature presso la struttura progettata appositamente per applicazioni di intelligenza artificiale e calcolo ad alte prestazioni. Inoltre, Applied Digital ha presentato una petizione per l'annessione della propria proprietà alla città di Ellendale, il che si prevede genererà flussi di entrate aumentati e servizi municipali ampliati per la comunità. L'impatto del progetto sulla comunità è stato recentemente riconosciuto durante i 18° Annual Data Center Dynamics Awards.

Applied Digital (Nasdaq: APLD) ha alcanzado un hito significativo en el desarrollo de su centro de datos HPC de Ellendale con la energización exitosa del transformador de la subestación principal en el sitio. Al evento asistieron representantes de Applied Digital, Montana-Dakota Utilities (MDU) y funcionarios locales, incluido el alcalde Don Flaherty.

Este avance permite a la compañía comenzar las actividades de puesta en marcha de equipos en la instalación diseñada específicamente para aplicaciones de inteligencia artificial y computación de alto rendimiento. Además, Applied Digital ha presentado una petición para la anexión de su propiedad a la ciudad de Ellendale, lo que se espera genere ingresos adicionales y expanda los servicios municipales para la comunidad. El impacto comunitario del proyecto fue recientemente reconocido en los 18° Premios Anuales de Data Center Dynamics.

Applied Digital (Nasdaq: APLD)는 자사의 엘렌데일 HPC 데이터 센터 개발에서 현장 주 변전소 변압기의 성공적인 가동으로 중요한 이정표를 달성했습니다. 이 행사에는 Applied Digital, 몬타나-다코타 유틸리티(MDU) 및 돈 플라허티 시장을 포함한 지역 관리들이 참석했습니다.

이 진전을 통해 회사는 인공지능 및 고성능 컴퓨팅 응용 프로그램을 위해 특별히 설계된 시설에서 장비 커미셔닝 활동을 시작할 수 있게 되었습니다. 또한, Applied Digital은 엘렌데일 시에 자산 편입을 위한 청원서를 제출했으며, 이는 지역 사회에 대한 수익원이 증가하고 municipal 서비스가 확대될 것으로 기대됩니다. 이 프로젝트의 지역 사회에 대한 영향은 최근 제18회 데이터 센터 다이나믹스 어워드에서 인정받았습니다.

Applied Digital (Nasdaq: APLD) a atteint une étape importante dans le développement de son centre de données HPC d'Ellendale avec la mise sous tension réussie du transformateur de la sous-station principale sur site. L'événement a été marqué par la présence de représentants d'Applied Digital, de Montana-Dakota Utilities (MDU) et de responsables locaux, y compris le maire Don Flaherty.

Cette avancée permet à l'entreprise de commencer les activités de mise en service de l'équipement dans la structure spécialement conçue pour les applications d'intelligence artificielle et de calcul haute performance. De plus, Applied Digital a soumis une pétition pour l'annexion de sa propriété à la ville d'Ellendale, ce qui devrait générer des flux de revenus accrus et élargir les services municipaux pour la communauté. L'impact de ce projet sur la communauté a été récemment reconnu lors des 18e Data Center Dynamics Awards.

Applied Digital (Nasdaq: APLD) hat einen bedeutenden Meilenstein in der Entwicklung seines HPC-Datenzentrums in Ellendale erreicht, indem der Transformator der vor Ort befindlichen Hauptunterstation erfolgreich in Betrieb genommen wurde. An der Veranstaltung nahmen Vertreter von Applied Digital, Montana-Dakota Utilities (MDU) und lokale Beamte, darunter Bürgermeister Don Flaherty, teil.

Dieser Fortschritt ermöglicht es dem Unternehmen, mit den Inbetriebnahme-Aktivitäten der Ausrüstung in der eigens für KI- und Hochleistungsrechenanwendungen entworfenen Einrichtung zu beginnen. Darüber hinaus hat Applied Digital einen Antrag auf Angliederung seines Eigentums an die Stadt Ellendale eingereicht, was voraussichtlich zu erhöhten Einnahmequellen und erweiterten kommunalen Dienstleistungen für die Gemeinschaft führen wird. Die Auswirkungen des Projekts auf die Gemeinschaft wurden kürzlich bei den 18. jährlichen Data Center Dynamics Awards anerkannt.

Positive
  • Achievement of critical infrastructure milestone with substation transformer energization
  • Property annexation expected to generate new revenue streams for Ellendale
  • Recognition with Community Impact award at Data Center Dynamics Awards
Negative
  • None.

Insights

The energization of the main substation transformer at Applied Digital's Ellendale HPC facility represents a critical technical milestone. This infrastructure development enables significant power delivery capabilities essential for high-performance computing and AI operations. The facility's progression signals Applied Digital's expanding capacity to serve the growing demand for AI computing infrastructure, particularly important given the current market dynamics where AI computing resources are constrained.

The strategic location in North Dakota leverages the region's favorable power costs and climate conditions, which are important for efficient data center operations. The successful energization demonstrates Applied Digital's execution capabilities in developing purpose-built HPC infrastructure, positioning them to potentially capture market share in the rapidly expanding AI computing space.

Ellendale HPC Data Center Is Now Energized

ELLENDALE, N.D., Dec. 17, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) (“Applied Digital” or the “Company”), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (HPC) applications, today announced a major milestone in the development of its purpose-built HPC data center in Ellendale, N.D., with the successful energization of its on-site main substation transformer. This milestone signals the facility’s progression into the next stage of its build-out, setting the foundation for a data center capable of supporting cutting-edge AI and high-performance computing.

The energization of the on-site main substation transformer marks a critical step toward bringing the Ellendale HPC campus fully online. This milestone was celebrated at an event that brought together key partners and stakeholders who have been instrumental in the project’s development. Participants included representatives from Applied Digital, utility provider Montana-Dakota Utilities (“MDU”), and members of the Ellendale community, including Mayor Don Flaherty.

“This energization milestone is a testament to the power of collaboration,” said Todd Gale, Chief Development Officer at Applied Digital. “We believe it demonstrates our progress in bringing our Ellendale HPC campus to life, showcasing both technological innovation and the strength of our partnerships with Ellendale and MDU. This achievement will allow the Company to initiate equipment commissioning activities, bringing us closer to delivering the infrastructure we believe will define the future of AI and digital transformation in Ellendale and beyond.”

This milestone comes shortly after Applied Digital submitted a petition for annexation of its property to the City of Ellendale, a move aimed at further solidifying its partnership with the local community. The annexation is expected to bring increased revenue streams and expanded municipal services to the community, benefiting Ellendale, its residents, and the region.

The partnership between Applied Digital and the City of Ellendale was recently recognized with the Community Impact award at the 18th Annual Data Center Dynamics Awards, underscoring the Company’s unwavering commitment to the Ellendale community.

About Applied Digital
Applied Digital (Nasdaq: APLD) develops, builds and operates next-generation data centers and cloud infrastructure. Different by design, the Company’s purpose-built facilities are engineered to unleash the power of accelerated compute and deliver secure, scalable and sustainable digital hosting, along with turnkey CSaaS and GPU-as-a-Service solutions. Backed by deep hyperscale expertise and a robust pipeline of available power, Applied Digital aims to accommodate AI Factories and beyond to support the world’s most exacting AI/ML, blockchain and high-performance computing (HPC) workloads.

Forward-Looking Statements

This release contains "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 regarding, among other things, future operating and financial performance, product development, market position, business strategy and objectives. These statements use words, and variations of words, such as "will," "continue," "build," "future," "increase," "drive," "believe," "look," "ahead," "confident," "deliver," "outlook," "expect," and "predict." Other examples of forward-looking statements may include, but are not limited to, (i) statements of Company plans and objectives, including our evolving business model, or estimates or predictions of actions by suppliers, (ii) statements of future economic performance, and (iii) statements of assumptions underlying other statements and statements about the Company or its business. You are cautioned not to rely on these forward-looking statements. These statements are based on current expectations of future events and thus are inherently subject to uncertainty. If underlying assumptions prove inaccurate or known or unknown risks or uncertainties materialize, actual results could vary materially from the Company's expectations and projections. These risks, uncertainties, and other factors include: our ability to complete construction of the Ellendale HPC data center; availability of financing to continue to grow our business; our ability to timely and successfully build new hosting facilities with the appropriate contractual margins and efficiencies; power or other supply disruptions and equipment failures; the inability to comply with developments and changes in regulation; cash flow and access to capital; decline in demand for our products and services; and maintenance of third-party relationships. Information in this release is as of the dates and time periods indicated herein, and the Company does not undertake to update any of the information contained in these materials, except as required by law.


FAQ

What milestone did Applied Digital (APLD) achieve at its Ellendale data center?

Applied Digital successfully energized its on-site main substation transformer at the Ellendale HPC data center, enabling the facility to begin equipment commissioning activities.

How will Applied Digital's property annexation benefit Ellendale?

The annexation is expected to bring increased revenue streams and expanded municipal services to the Ellendale community and region.

What recent award did Applied Digital (APLD) receive for its Ellendale project?

Applied Digital and the City of Ellendale received the Community Impact award at the 18th Annual Data Center Dynamics Awards.

What is the purpose of Applied Digital's Ellendale facility?

The Ellendale facility is a purpose-built HPC data center designed to support cutting-edge AI and high-performance computing applications.

Applied Digital Corporation

NASDAQ:APLD

APLD Rankings

APLD Latest News

APLD Stock Data

2.05B
167.34M
20.76%
65.46%
18.24%
Information Technology Services
Services-computer Processing & Data Preparation
Link
United States of America
DALLAS