AI cloud platform and datacenters buildout
Company: Applied Digital
The claim, verbatim
Loan proceeds will be used to fund the buildout of the Company's recently announced AI cloud platform and datacenters
Source (primary)
Applied Digital 8-K filed 2023-05-24 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “The proceeds of the Loan will be used to provide additional liquidity to fund the buildout of the Company's recently announced AI cloud platform and datacenters by the Borrower”
How we checked this
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Additional evidence
confirms Applied Digital 8-K filed 2023-05-24
Quote: “The proceeds of the Loan will be used to provide additional liquidity to fund the buildout of the Company's recently announced AI cloud platform and datacenters by the Borrower”