Applied Digital

IPO

The epicenter of AI innovation

Public · Dallas, United States · Founded 2001 · $916.5M raised

Headquarters
Dallas, Texas
Employees
201–500
Founded
2001
Business Model
B2B
Total Funding
$916.5M
Last Round
$900.0M Corporate RoundJan 2025
Rounds
2
Type
Public

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Applied Digital Corporation (Nasdaq: APLD) is a Dallas, Texas-based company that designs, builds, and operates large-scale digital infrastructure and compute environments for hyperscalers, enterprises, and emerging technologies. The company specializes in purpose-built AI Factory campuses engineered for high-density AI training and inference workloads, utilizing proprietary waterless cooling technology. Applied Digital currently has 100 MW of live capacity with 900 MW under construction and an active pipeline exceeding 3.5 GW.

Summary

Applied Digital is an Artificial Intelligence company based in Dallas, United States, founded in 2001. It has raised $916.5M in total across 2 rounds, most recently a $900.0M Corporate Round in Jan 2025.

Tech & App Stack

4 technologies & apps tracked

Every product and vendor across these categories, with where each signal came from.

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Funding History

Debt FinancingDebt FinancingMar 2026
$2.1B

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Funding: Venture Round through Corporate Round. Amounts, valuations, and investors where available.

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