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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Applied Digital Corporation | NASDAQ:APLD | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 3.30 | 3.29 | 3.30 | 3.33 | 3.26 | 3.31 | 459,473 | 15:54:43 |
By leveraging its robust infrastructure and collaborations, Applied Digital plans to integrate NVIDIA’s cutting-edge GPUs into its cloud offerings. The Company believes this move will empower customers with unparalleled computing power for intensive tasks such as AI, machine learning, and graphics rendering. Applied Digital’s next-generation data center campuses are engineered to host HPC/AI applications and offer lower-cost, high-efficiency alternatives to traditional data centers. This collaboration is a testament to Applied Digital’s commitment to technological innovation, providing its users access to state-of-the-art hardware and accelerating digital transformation across diverse industries.
The NVIDIA Blackwell-based GPUs enable organizations to build and run real-time inference on trillion-parameter large language models at 25x less cost and energy consumption than their predecessors. The platform features six transformative technologies for generative AI and accelerated computing.
“Applied Digital demonstrates a profound commitment to driving generative AI, showcasing a deep understanding of its transformative potential. By seamlessly integrating infrastructure, Applied breathes life into generative AI, recognizing the critical role of GPUs and supporting data center infrastructure in its advancement,” said Wes Cummins, CEO and Chairman of Applied Digital. “NVIDIA technologies epitomize innovation, empowering us to redefine the boundaries of computational excellence and drive unprecedented value for our customers.”“Applied Digital, part of our NVIDIA Partner Network Cloud Partner program, will provide new NVIDIA Blackwell-based GPUs to enable breakthroughs in data processing, electronic design automation, and computer-aided drug design for their customers,” said Matt McGrigg, director of global business development for cloud partners at NVIDIA. “The NVIDIA Blackwell platform will help drive the continued development of generative AI for leading companies.”
Link to NVIDIA Press Release: https://nvidianews.nvidia.com/news/nvidia-blackwell-platform-arrives-to-power-a-new-era-of-computing
About Applied Digital
Applied Digital (Nasdaq: APLD) designs, develops and operates next-generation data centers across North America to provide digital infrastructure solutions to the rapidly growing high-performance computing (HPC) industry. Find more information at www.applieddigital.com. Follow us on X (formerly Twitter) at @APLDdigital.
Investor Relations Contacts
Matt Glover or Alex KovtunGateway Group, Inc.(949) 574-3860APLD@gateway-grp.com
Media Contact
Brenlyn Motlagh or Diana JarrahGateway Group, Inc.(949) 899-3135APLD@gateway-grp.com
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