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Applied Digital Seeks $1.59 Billion Debt Raise for Fourth Ellendale AI Data Center
Applied Digital is turning again to the private debt market to finance its AI data center buildout, with a subsidiary seeking to raise $1.59 billion in senior secured notes for the fourth building at the company’s Ellendale, North Dakota, campus.
Soluna Formalizes Metrobloks JV for 350 MW Texas AI Data Center Campus
Soluna Holdings has formalized a joint venture with Metrobloks for Project Kati 2, a planned multi-phase data center development in Willacy County, Texas, adding structure to the company’s push beyond bitcoin mining and hosting into AI and high-performance computing infrastructure.
7h ago
Applied Digital Signs $5.2 Billion AI Data Center Lease for New Southern Campus
Applied Digital has signed a 15-year lease for 210 megawatts of critical IT load at a new AI data center campus in the southern US, extending the company’s contracted backlog as hyperscalers continue to lock up large-scale power capacity for artificial intelligence workloads.
9h ago
OpenAI Files Confidentially for IPO, Following Anthropic’s Move Toward Public Markets
OpenAI has confidentially filed for a potential IPO, just weeks after Anthropic took the same step, as leading AI startups weigh public markets against the adva...
Jun 9, 2026
Bitdeer Discloses Leadership Shake-Up Amid Deeper Push Into AI Infrastructure
Bitdeer Technologies Group said two senior executives have resigned from their operating roles, the latest leadership change at the bitcoin mining and AI infrastructure company as founder Jihan Wu continues to steer the business through a broader vertical integration push.
1d agoTrending Posts
Soluna Formalizes Metrobloks JV for 350 MW Texas AI Data Center Campus
Bitdeer Discloses Leadership Shake-Up Amid Deeper Push Into AI Infrastructure
Applied Digital Secures $350M Revolver as CoreWeave Lease Move Takes Shape
Applied Digital Signs $5.2 Billion AI Data Center Lease for New Southern Campus
Cipher Digital Seeks $810M Debt Raise to Fund Stingray Data Center
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