Applied digital announces 250mw ai data center lease with coreweave in north dakota

Dallas, june 02, 2025 (globe newswire) -- applied digital corporation (nasdaq: apld), a designer, builder and operator of next-generation digital infrastructure for hpc applications, has entered into two approximately 15-year lease agreements with coreweave , the ai hyperscaler™. under the lease agreements, applied digital will deliver 250 megawatts (mw) of critical it load to host coreweave's artificial intelligence (ai) and high-performance computing (hpc) infrastructure at its ellendale, north dakota data center campus.
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