Jan 7 (Reuters) - Applied Digital (APLD.O), opens new tab reported second-quarter revenue above Wall Street estimates on Wednesday, as the data center operator benefited from strong demand for its ...
Neuromorphic computers, inspired by the architecture of the human brain, are proving surprisingly adept at solving complex mathematical problems that underpin scientific and engineering challenges.
Applied Digital’s AI data center business is booming. It’s secured $16 billion in leases for the next 15 years. Its stock isn’t cheap, and its upcoming cloud spin-off will reduce its reported revenue.
Long lead times for new data centers are causing a bottleneck for tech companies. Applied Digital announced two lease agreements this year worth $16 billion in future revenue for 600 megawatts of data ...
Nous Research, the San Francisco-based artificial intelligence startup, released on Tuesday an open-source mathematical reasoning system called Nomos 1 that achieved near-elite human performance on ...
Nov 14 (Reuters) - Applied Materials (AMAT.O), opens new tab shares slipped more than 3% in early trading on Friday as the chip equipment maker forecast reduced spending in China next year due to ...
Applied Digital (NASDAQ: APLD) has transformed from a cryptocurrency miner into an AI-focused data-center operator, driving its stock from about $5 to $40 in 2025. A multibillion-dollar infrastructure ...
CLEVELAND (AP) — CLEVELAND (AP) — Applied Industrial Technologies Inc. (AIT) on Tuesday reported fiscal first-quarter earnings of $100.8 million. On a per-share basis, the Cleveland-based company said ...
DALLAS, Oct. 27, 2025 (GLOBE NEWSWIRE) -- Applied Digital (NASDAQ: APLD) achieved successful and on-time Ready for Service (RFS) for the first phase (50 MW), at the first 100 megawatt (MW) building at ...
Applied Materials said it is laying off less than 4% of its workforce. The cuts come amid "automation, digitalization and geographic shifts," the company said in a Thursday filing. Applied Materials ...