Applied Digital has entered into an agreement providing access to up to 1 gigawatt of potential power capacity in Finland, marking its first development opportunity outside the United States. The company plans to develop an AI Factory campus that could scale to 1 GW, with initial power availability anticipated in 2028. Applied Digital has begun marketing the site and is in discussions with leading global hyperscale customers. The agreement creates an opportunity for European expansion while the company continues to prioritize its U.S. development pipeline.

 

Announcement โ†’ https://ir.applieddigital.com/news-events/press-releases/detail/162/applied-digital-secures-up-to-1-gw-of-potential-power

 

Disclaimer
The views and opinions expressed in these announcements are those of the author(s). Claims or assumptions in these announcements are not endorsed by and do not reflect the position of the Pacific Telecommunications Council.