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AI News from ET - Applied Digital signs $7.5 billion AI data centre lease with US hyperscaler

Vishwadeep Khatri
in AI News & Two Lenses

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Applied Digital secured a long-term lease worth $7.5 billion has been signed with an unnamed US hyperscaler. This agreement covers three hundred megawatts of computing capacity at the Delta Forge one site. The company also expects to secure up to six hundred million dollars in financing.

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