Latest news with #AIFactory
Yahoo
11 hours ago
- Business
- Yahoo
Applied Digital to Break Ground on $3 Billion Polaris Forge 2 Campus in September 2025, Expanding North Dakota's Role as a National AI Infrastructure Leader
Harwood-based AI Factory is designed for 280MW, with capacity to scale beyond, scheduled initial operations in 2026 and full capacity in early 2027, as Applied Digital expands in North Dakota to meet surging demand for compute powerDALLAS, Aug. 18, 2025 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) announced today it plans to break ground in September 2025 on Polaris Forge 2, a $3 billion, 280-megawatt (MW) AI Factory near Harwood, North Dakota. Designed with the ability to scale beyond its initial 280MW, the campus—with initial capacity in 2026 and reaching full capacity in early 2027—further advances Applied Digital's rapid growth and reinforces North Dakota's position as one of the most strategically important destinations for AI infrastructure in the United States. The new project comes as demand for AI computing capacity continues to surge, with hyperscalers, enterprises, and research organizations seeking scalable, high-performance infrastructure. Polaris Forge 2 builds on the success of Applied Digital's Polaris Forge 1 Ellendale campus, expanding the company's presence in a state that offers abundant energy, available land, and a pro-business climate. "We believe Polaris Forge 2 represents the next stage in Applied Digital's rapid growth and our position as a leader in delivering high-performance AI infrastructure," said Wes Cummins, CEO of Applied Digital. "The demand for AI capacity continues to accelerate, and North Dakota continues to be one of the most strategic locations in the country to meet that need. We have strong interest from multiple parties and are in advanced negotiations with a U.S. based investment-grade hyperscaler for this campus, making it both timely and prudent to proceed with groundbreaking and site development. We believe this new campus will strengthen our operations, increase our ability to scale, and create lasting value for both our customers and the communities we serve." 'North Dakota wins when companies like Applied Digital choose to be more than an employer. In Ellendale, they invested in people through workforce housing and created strong local partnerships that strengthen the community,' Governor Kelly Armstrong said. 'We're excited that they are committing to expanding their presence in North Dakota with a Harwood location, continuing the trend of being a positive corporate citizen and helping to develop our rural communities while contributing to our strong economy.' The proposed development initially includes two facilities with capacity for future expansion. Applied Digital has contracted more than 900 acres for the campus and secured power through Cass County Electric Cooperative. Once fully operational, the site is expected to employ more than 200 full-time employees, in addition to long-term contractors. Cass County Electric Cooperative is a not-for-profit, member-owned electric cooperative serving counties across North Dakota: 'We are excited to have the opportunity to provide Applied Digital with the power they need to drive innovation and technology in a way that benefits our communities and legacy members. As we work through the final stages of an agreement, we will continue to keep our cooperative values at heart while preparing to meet the needs of future generations,' said Paul Matthys, Cass County Electric Cooperative President and CEO. Minnkota Power Cooperative is committed to delivering safe, reliable, affordable, and environmentally responsible electricity across North Dakota: 'We're proud to work with Applied Digital to help bring a state-of-the-art data center to our region. This project represents an important opportunity to drive technological progress and create lasting benefits for our cooperative membership,' said Mac McLennan, Minnkota Power Cooperative President and CEO. 'As we work toward a final agreement, our focus is on making sure it is integrated in a way that strengthens our communities, supports reliable and responsible power, and builds on the strong foundation we have established through more than 85 years of service to this region.' The Greater Fargo Moorhead Economic Development Corporation (GFMEDC) works to cultivate an economic environment where all people and organizations flourish: "The Greater Fargo Moorhead EDC is excited about the opportunity to support this preliminary dynamic project for our region,' stated Joe Raso, GFMEDC President & CEO. "Having worked with Applied Digital on various aspects of this project, including a recent visit to their Ellendale, ND, datacenter currently under construction, we can see the substantial economic benefit this project will have for the greater Fargo region. EDC staff have already conducted various workforce assessments that show our market's ability to provide the talent needed to support this facility and are confident Applied Digital's operations will fit nicely with our region's talent pool.' With abundant power resources, including renewable, available land, and a growing base of technical talent, we believe North Dakota is rapidly becoming a preferred destination for AI infrastructure. Polaris Forge 2 is expected to advance Applied Digital's mission to build sustainable, high-performance digital infrastructure that powers innovation and delivers lasting economic and community benefits. 'Applied Digital's investment in Ellendale is a model for rural innovation—bringing high-tech infrastructure, workforce housing, and long-term economic opportunity to North Dakota,' said Commerce Commissioner, Chris Schilken. 'Their expansion into Harwood builds on that success and is exactly the kind of strategic partnership and investment that strengthens our communities and positions our state for the future.' 'This groundbreaking marks the start of a project that will put Harwood on the map as a key player in the future of AI infrastructure. Applied Digital's investment reflects confidence in our people and our potential, and we're proud to be part of this moment,' said Blake Hankey, Mayor of Harwood. About Applied DigitalApplied Digital (Nasdaq: APLD) named Best Data Center in the Americas 2025 by Datacloud — designs, builds, and operates high-performance, sustainably engineered data centers and colocation services for artificial intelligence, cloud, networking, and blockchain workloads. Headquartered in Dallas, TX, and founded in 2021, the company combines hyperscale expertise, proprietary waterless cooling, and rapid deployment capabilities to deliver secure, scalable compute at industry-leading speed and efficiency, while creating economic opportunities in underserved communities through its award-winning Polaris Forge AI Factory model. Learn more at or follow @APLDdigital on X and LinkedIn. CAUTION ABOUT FORWARD-LOOKING STATEMENTS This press release contains 'forward-looking statements' as defined in the Private Securities Litigation Reform Act of 1995 regarding, among other things, future operating and financial performance, product development, market position, business strategy and objectives and future financing plans. These statements use words, and variations of words, such as 'will,' 'continue,' 'build,' 'future,' 'increase,' 'drive,' 'believe,' 'look,' 'ahead,' 'confident,' 'deliver,' 'outlook,' 'expect,' 'project' and 'predict.' Other examples of forward-looking statements may include, but are not limited to, (i) statements that reflect perspectives and expectations regarding Polaris Forge 1 and Polaris Forge 2 campus development, (ii) statements about the HPC industry and demand for AI capacity, (iii) statements of Company plans and objectives, including our evolving business model, or estimates or predictions of actions by suppliers, (iv) statements of future economic performance, and (v) statements of assumptions underlying other statements and statements about the Company or its business. You are cautioned not to rely on these forward-looking statements. These statements are based on current expectations of future events and thus are inherently subject to uncertainty. If underlying assumptions prove inaccurate or known or unknown risks or uncertainties materialize, actual results could vary materially from the Company's expectations and projections. These risks, uncertainties, and other factors include: our ability to begin or complete construction of our HPC data centers; changes to AI and HPC infrastructure needs and their impact on future plans; risks associated with the leasing business, including those associated with counterparties; costs related to the HPC operations and strategy; our ability to timely deliver any services required in connection with completion of installation under the lease agreements; our ability to raise additional capital to fund ongoing and future data center construction and operations; our ability to obtain financing of the lease agreements on acceptable financing terms, or at all; our dependence on principal customers, including our ability to execute and perform our obligations under our leases with key customers, including without limitation, the lease agreements; our ability to timely and successfully build hosting facilities with the appropriate contractual margins and efficiencies; power or other supply disruptions and equipment failures; the inability to comply with regulations, developments and changes in regulations; cash flow and access to capital; availability of financing to continue to grow our business; decline in demand for our products and services; maintenance of third party relationships; and conditions in the debt and equity capital markets. A further list and description of these risks, uncertainties and other factors can be found in the company's most recently filed Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, including in the sections captioned 'Forward-Looking Statements' and 'Risk Factors,' and in the Company's subsequent filings with the Securities and Exchange Commission. Copies of these filings are available online at on the Company's website ( under 'Investors,' or upon request from the Company. Information in this release is as of the dates and time periods indicated herein, and the Company does not undertake to update any of the information contained in these materials, except as required by law. A photo accompanying this announcement is available at CONTACT: Investor Relations Contacts Matt Glover or Ralf Esper Gateway Group, Inc. (949) 574-3860 APLD@ Media Contact Buffy Harakidas, EVP JSA (Jaymie Scotto & Associates) (856) 264-7827 jsa_applied@ in to access your portfolio
Business Standard
7 days ago
- Automotive
- Business Standard
IZMO rises on launch of automotive AI factory
IZMO gained 2.29% to Rs 410.15 after the company announced the launch of its Automotive AI Factory, a dedicated innovation hub aimed at accelerating artificial intelligence adoption in the automotive retail industry. The facility brings together data scientists, software engineers, and AI specialists with high-performance computing resources to deliver end-to-end AI solutions, from data integration to custom model deployment, at significantly lower costs than in the US or Europe. According to IZMO, the Automotive AI Factory will create intelligent agents and predictive systems to help dealerships and OEMs optimise pricing, improve operational efficiency, and enhance customer engagement. By leveraging India's AI talent pool, the company expects to deliver enterprise-grade AI at 70-80% lower cost while maintaining global performance standards. Managing director Sanjay Soni described the initiative as a strategic leap, enabling mid-sized automotive businesses to compete on equal terms with larger players. The move positions IZMO to tap into the rapidly expanding automotive AI market, a segment within the global AI industry projected to reach $1.8 trillion by 2030. IZMO is a global provider of automotive digital retail solutions. It operates three synergistic divisions izmomicro, which offers semiconductor packaging and design solutions; izmocars, which delivers automotive content, digital retail platforms, and virtual reality; and FrogData, which provides AI-driven analytics and decision-making tools for automotive dealerships. The companys board will review Q1 FY26 results on 13 August 2025. In Q4 FY25, consolidated net profit fell 23.78% to Rs 6.89 crore, while net sales rose 18.93% to Rs 59.81 crore compared with the same period a year earlier.
Yahoo
25-06-2025
- Business
- Yahoo
Dataiku Joins HPE Unleash AI Ecosystem to Accelerate Enterprise AI
The Universal AI Platform™ integrates with HPE's AI-optimized infrastructure to deliver fully governed, production-ready agentic AI systems NEW YORK & LAS VEGAS, June 25, 2025 (GLOBE NEWSWIRE) -- Dataiku, the Universal AI Platform™, today announced it has joined the HPE Unleash AI partner program, bringing together enterprise-ready AI orchestration and trusted infrastructure to accelerate the deployment and adoption of generative and agentic AI. With this collaboration, organizations gain a clear path to move beyond experimentation and deliver production-ready AI with the required speed, confidence, and governance to meet corporate goals and standards, without compromise. Dataiku's participation in the Unleash AI partner program is a joint commitment to enable enterprises to deploy generative, agentic, and physical AI at scale. The Universal AI Platform from Dataiku gives organizations the tools to create, connect, and control AI agents across varied business types, tech stacks, and use cases. Paired with HPE's AI-optimized infrastructure and NVIDIA's industry-specific AI Blueprints, Dataiku provides a clear path to deploying AI that drives measurable results across sectors. 'The challenge for enterprises isn't just building AI agents and GenAI apps—it's controlling how they behave, evolve, interact, and create value in the real world. Dataiku is uniquely positioned to deliver this combination of AI creation, connection, and control at enterprise scale,' said David Tharp, SVP of Partnerships at Dataiku. 'Through our work with HPE, we're enabling organizations to confidently operationalize GenAI and agentic systems with the guardrails, governance, and flexibility needed to align with enterprise standards from day one.' A Unified Foundation for Enterprise AI Innovation The alliance brings together everything enterprises need to run AI, from development and orchestration to deployment and monitoring—all in one integrated stack that is accelerated by NVIDIA Enterprise AI Factory validated design. The core foundation is formed by HPE Private Cloud AI, which is strengthened by NVIDIA-Certified Systems from HPE, like NVIDIA RTX PRO Server and NVIDIA HGX B200. As a featured agentic AI platform partner in the Unleash AI ecosystem, Dataiku enables customers to: Rapidly build and deploy generative and agentic applications. Leverage the pre-built NVIDIA AI-Q Blueprint and NVIDIA NIM microservices for copilots, digital humans, and knowledge agents. Orchestrate end-to-end AI workflows in a governed, collaborative environment. Deploy with enterprise-grade performance, security, and scalability. AI Designed for Real Business Outcomes Today, The Universal AI Platform from Dataiku is trusted by 1 in 4 of the world's top companies, based on the top 500 of the 2024 Forbes Global 2000 list (excluding China). Customers across multiple industries, including financial services, life sciences and healthcare, retail, energy, marketing, and manufacturing are achieving measurable AI outcomes with Dataiku, from optimizing processes for productivity gains to augmenting employee decision-making to transforming their business models with entirely new revenue streams. Through the HPE Unleash AI program, Dataiku customers also gain access to powerful enablement resources, such as technical workshops, joint support, and co-innovation opportunities to accelerate adoption while reducing complexity and risk. Together, Dataiku and HPE enable faster deployment, better collaboration between technical and business teams, built-in governance and transparency, and more efficient use of compute resources—all while keeping enterprise AI costs predictable and agentic systems under tight control. For more information on Dataiku's participation in the HPE Unleash AI partner program, visit: For more information on the Dataiku partner ecosystem, visit: About Dataiku Dataiku is The Universal AI Platform™, giving organizations control over their AI talent, processes, and technologies to unleash the creation of analytics, models, and agents. Agnostic by design, it integrates with all clouds, data platforms, AI services, and legacy systems to ensure full technology optionality — empowering customers to future-proof their AI initiatives. With built-in governance and no-, low-, and full-code capabilities, Dataiku enables the world's largest companies to confidently build and manage differentiated AI that drives measurable business value. Dataiku has over 1,100 employees across 13 offices worldwide, serves over 700 enterprise customers, and is backed by investors, including Wellington Management, Battery, CapitalG, ICONIQ, and FirstMark. For more, visit the Dataiku blog, LinkedIn, X, and YouTube. ###CONTACT: Kevin McLaughlin Dataiku press@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
25-06-2025
- Business
- Yahoo
HPE, Nvidia unveil new AI factory offerings
Hewlett Packard Enterprise (HPE) and Nvidia have introduced a range of new AI factory solutions to accelerate AI adoption across industries. Launched at HPE Discover in Las Vegas, the new lineup features modular AI factory infrastructure, HPE's AI-ready RTX PRO Servers (HPE ProLiant Compute DL380a Gen12), and the next generation of HPE's turnkey AI platform, HPE Private Cloud AI. The companies aim to provide enterprises with a framework for building and scaling generative, agentic, and industrial AI. The portfolio integrates Nvidia's Blackwell accelerated computing, Spectrum-X Ethernet, and BlueField-3 networking technologies with Nvidia AI Enterprise software and HPE's wide range of servers, storage, services, and software. This includes HPE OpsRamp Software, a validated observability solution for the Nvidia Enterprise AI Factory, and HPE Morpheus Enterprise Software for orchestration. The outcome is a pre-integrated, modular infrastructure stack designed to expedite AI deployment in production. A crucial element is the next-generation HPE Private Cloud AI, developed in collaboration with Nvidia. This comprehensive, turnkey AI factory solution will feature HPE ProLiant Compute DL380a Gen12 servers equipped with the latest Nvidia RTX PRO 6000 Blackwell Server Edition GPUs. These servers are designed to support a wide range of enterprise and industrial AI applications and are now available to order. The platform also incorporates Nvidia AI Blueprints, including the Nvidia AI-Q Blueprint for AI agent creation and workflows. HPE also announced the HPE Compute XD690, a new Nvidia HGX B300 system equipped with Nvidia Blackwell Ultra GPUs, is set to ship in October 2025. HPE is partnering with Japanese telecom KDDI to develop AI infrastructure using the Nvidia GB200 NVL72 platform, based on the Nvidia Grace Blackwell architecture, at the KDDI Osaka Sakai Data Centre. In the financial services sector, HPE is collaborating with Accenture to test agentic AI workflows on Accenture's AI Refinery, utilising HPE Private Cloud AI for applications in sourcing, procurement, and risk analysis. Additionally, HPE prioritises security and governance with features like air-gapped management, multi-tenancy, and post-quantum cryptography. HPE has expanded its partner ecosystem by adding 26 new partners to its "Unleash AI" initiative, bringing its total to over 70 packaged AI workloads, including fraud detection, video analytics, sovereign AI, and cybersecurity. To enhance AI adoption, HPE also launched AI Acceleration Workshops in collaboration with Nvidia to help enterprises scale their AI deployments. Recently, Nvidia partnered with Deutsche Telekom to launch Europe's first industrial AI cloud in Germany. This AI factory is designed to enhance Germany's manufacturing sector by supporting applications in design, engineering, simulation, digital twins, and robotics. "HPE, Nvidia unveil new AI factory offerings" was originally created and published by Verdict, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
17-06-2025
- Business
- Yahoo
$2.7 Billion in Data Center Savings: New Applied Digital Report Positions North Dakota as the Epicenter for AI Infrastructure
Polaris Forge 'AI Factory' model outlines how smart site selection and cooling design can cut costs by up to $60M per year per campus DALLAS, June 17, 2025 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ('Applied Digital' or the 'Company'), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (HPC) applications, announces the release of a new white paper, AI Factory: A Case Study for Total Cost of Ownership. The paper details how site selection and data center design decisions can dramatically reduce the long-term costs of generative AI infrastructure. 'AI factories represent a fundamentally new category of digital infrastructure,' said Wes Cummins, Chairman and CEO of Applied Digital. 'Their success hinges on making the right decisions up front, especially around power and cooling. This white paper helps lay out what those decisions look like and why regions like North Dakota can outperform conventional markets on both cost and sustainability.' Applied Digital also introduced Polaris Forge as the name for its North Dakota-based data center region. With four campuses in various stages of development, Polaris Forge is built for scale, optimized for AI workloads, driven by renewable power and supported by infrastructure that prioritizes total cost of ownership. Key findings from the white paper include: AI factories require 15-30 times the power density of traditional data centers, driving the need for new power and cooling strategies. Site selection directly impacts cost; choosing areas with stranded power and cooler climates can reduce annual electricity costs by $50 to $60 million per year compared to other existing 100MW data centers, or up to $2.7 billion over a 30-year lifespan. Liquid cooling and free cooling are essential to long-term efficiency, enabling significantly lower Power Usage Effectiveness (PUE) and Water Usage Effectiveness (WUE). North Dakota offers more than 220 days of free cooling annually, which contributes to lower operational costs and improved sustainability. Polaris Forge 01's design, featuring a closed-loop, waterless, direct-to-chip cooling system and access to gigawatt-scale stranded power demonstrates how infrastructure purpose-built for AI can achieve a projected PUE of 1.18 and a WUE near zero. The company's existing Ellendale campus—now designated Polaris Forge 01—demonstrates how a purpose-built AI factory can outperform traditional markets. Applied Digital designed Polaris Forge 1 with speed and efficiency in mind, selecting a location that offers access to abundant stranded power, a favorable climate for free cooling, and a strong foundation for long-term capacity expansion. Built to support 400 MW of critical IT load, with over 1 gigawatt in load study, Polaris Forge 01 positions both the region and Applied Digital as leaders in AI infrastructure. In addition to its infrastructure development, Applied Digital continues to play a key role in supporting local economies and workforces through its Community and Economic Development Initiatives. The company's approach to integrating community priorities, such as workforce housing and job creation, into its data center expansion strategy has helped it scale responsibly while maintaining strong local support. 'With Polaris Forge, we're building something that's efficient, scalable and community-focused,' added Cummins. 'We believe AI infrastructure can thrive in places like North Dakota—not in spite of their location, but because of it.' Applied Digital recently signed a 250MW 15-year lease agreement, worth $7 billion over its term, with CoreWeave for deployment at Polaris Forge 01, demonstrating strong market confidence in the company's ability to deliver large-scale, AI-optimized infrastructure with speed and reliability in emerging high-performance computing regions. To learn more about how site selection and design can impact long-term AI infrastructure costs, and why Applied Digital is betting big on regions like North Dakota, download the full white paper. About Applied Digital Applied Digital (Nasdaq: APLD) develops, builds and operates next-generation data centers and cloud infrastructure. Different by design, the company's purpose-built facilities are engineered to unleash the power of accelerated compute and deliver secure, scalable and sustainable digital hosting, along with turnkey CSaaS and GPU-as-a-Service solutions. Backed by deep hyperscale expertise and a robust pipeline of available power, Applied Digital accommodates AI Factories and beyond to support the world's most exacting AI/ML, blockchain and high-performance computing (HPC) workloads. CAUTION ABOUT FORWARD-LOOKING STATEMENTS This press release contains 'forward-looking statements' as defined in the Private Securities Litigation Reform Act of 1995 regarding, among other things, future operating and financial performance, product development, market position, business strategy and objectives and future financing plans. These statements use words, and variations of words, such as 'will,' 'continue,' 'build,' 'future,' 'increase,' 'drive,' 'believe,' 'look,' 'ahead,' 'confident,' 'deliver,' 'outlook,' 'expect,' 'project' and 'predict.' Other examples of forward-looking statements may include, but are not limited to, (i) statements that reflect perspectives and expectations regarding the data center campus development, (ii) statements about the high-performance computing (HPC) industry, (iii) statements of plans and objectives, including an evolving business model, or estimates or predictions of actions by suppliers, (iv) statements of future economic performance, and (v) statements of assumptions underlying other statements and statements about the Company or its business. You are cautioned not to rely on these forward-looking statements. These statements are based on current expectations of future events and thus are inherently subject to uncertainty. If underlying assumptions prove inaccurate or known or unknown risks or uncertainties materialize, actual results could vary materially from our expectations and projections. These risks, uncertainties, and other factors include: our ability to complete construction of the Ellendale HPC data centers; changes to AI and HPC infrastructure needs and their impact on future plans; risks associated with the leasing business, including those associated with counterparties; costs related to the HPC operations and strategy; our ability to raise additional capital to fund ongoing and future data center construction and operations; our ability to obtain financing of the lease agreements on acceptable financing terms, or at all; the inability to comply with regulations, developments and changes in regulations; cash flow and access to capital; availability of financing to continue to grow our business; decline in demand for our products and services; maintenance of third party relationships; and conditions in the debt and equity capital markets. A further list and description of these risks, uncertainties and other factors can be found in the Company's most recently filed Annual Report on Form 10-K and Quarterly Report on Form 10-Q, including in the sections captioned 'Forward-Looking Statements' and 'Risk Factors,' and in the Company's subsequent filings with the Securities and Exchange Commission. Copies of these filings are available online at on the Company's website ( under 'Investors,' or on request from the Company. Information in this release is as of the dates and time periods indicated herein, and the Company does not undertake to update any of the information contained in these materials, except as required by law. CONTACT: Media Contact: Jaymie Scotto & Associates jsa_applied@ in to access your portfolio
