SAI Computing LLC joint venture with Foundry Technologies
Company: Applied Digital - Project: Jamestown
The claim, verbatim
Joint venture to provide artificial intelligence and machine learning hosting services; company expanding Jamestown facility capacity for SAI customers
Source (primary)
Applied Digital S-3 filed 2023-05-17 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “On October 13, 2022, the Company entered into a joint venture agreement with Foundry Technologies, Inc. ("Foundry") to form SAI Computing, LLC ("SAI"). SAI will provide artificial intelligence and machine learning application customers with access to machines and a hosting environment. The Company is currently expanding capacity at the Jamestown, North Dakota datacenter facility to provide access to SAI and its customers.”
How we checked this
Checked on September 21, 2026. The cited source supports every part of this claim.
The document confirms the Foundry JV, its AI/ML hosting purpose, and the Jamestown expansion for SAI.
Confirmed in the source:
- Applied Digital formed SAI Computing, LLC via a joint venture with Foundry Technologies, Inc.
- SAI will provide AI and machine learning hosting services
- The company is expanding Jamestown, North Dakota capacity to serve SAI customers
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000114487923000148/apld-forms3shelfregistrati.htm) in full (99,038 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital S-3 filed 2023-05-17
Quote: “On October 13, 2022, the Company entered into a joint venture agreement with Foundry Technologies, Inc. ("Foundry") to form SAI Computing, LLC ("SAI"). SAI will provide artificial intelligence and machine learning application customers with access to machines and a hosting environment. The Company is currently expanding capacity at the Jamestown, North Dakota datacenter facility to provide access to SAI and its customers.”