Applied Digital: Examining The Big Cryptocurrency Discount
Applied Digital (NASDAQ:APLD) has recently launched AI Cloud Service, through its wholly-owned subsidiary Sai Computing, has secured its first major AI customer with an agreement worth up to $180M over a 24-month period.
The customer will make a significant pre-payment as part of the agreement.
The service is expected to start coming online this June and is expected to be fully ramped up by the end of the year.
This partnership not only reaffirms the Co.'s commitment to advancing emerging technology applications but also solidifies its position as a key player in the digital infrastructure landscape.
“With a surge in demand for high-performance compute power to support the growing AI industry, we are excited to be at the forefront of this transformation." said Applied Digital CEO and Chairman, Wes Cummins.This is gone!! Left all shorts behind. $APPLIED DIGITAL CORP(APLD)$
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- luckyjas·2023-05-18finally... I have been holding on for so long.LikeReport