ai, AI Funding & Investment, Applied Digital, business, capital markets, Goldman Sachs

Applied Digital Announces $300M Senior Secured Bridge Facility

Insider Brief PRESS RELEASE — Applied Digital Corporation (NASDAQ: APLD), a designer, builder, and operator of high-performance, sustainably engineered data centers and colocation services for artificial intelligence, cloud, networking, and blockchain workloads, has announced the closing of a $300 million senior secured bridge facility led by Goldman Sachs. The facility is intended to fund the continued development […]