Rewards Hub Applied Digital has successfully raised $2.15 billion through a bond financing to fund the construction of its AI data center campus, Polaris Forge 2, in Harwood, North Dakota. The facility has been leased to Oracle. The company anticipates that the data center project will generate approximately $5 billion in revenue over the 15-year contract period.
Applied Digital Secures $2.15 Billion for AI Data Center in North Dakota
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.