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

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 round in Jan 2025.

Tech & App Stack

4 technologies & apps tracked

Create a free account — 10 credits a month to unlock the full tech & app stack, funding history, and valuations.

Sign up to view the funding chart

Create a free account — you'll get 10 credits a month to unlock funding history, valuations, and tech stacks.

Funding History

Debt FinancingDebt FinancingMar 2026
$2.1B

Sign up to see all 6 rounds

Full funding history, per-round amounts, and investor participation.

Similar Companies