Applied Digital Finalizes Electric Service Agreement for Polaris Forge 3 AI Factory
Applied Digital (NASDAQ:APLD) has finalized a power supply agreement with MDU Resources Group to provide electricity for its upcoming North Dakota-based AI factory, Polaris Forge 3. The facility requires 430MW of energy and is expected to begin operations in August next year.
Tickers: $APLD
Topics: AI Infrastructure Data Center Expansion Electricity Supply Agreements