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SAI Computing LLC joint venture with Foundry Technologies

Company: Applied Digital - Project: Jamestown

Subject kind
partnership
Statement date
2023-05-16
Current status
stated

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)
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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

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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.”

View cached copy (2026-09-13)Live source ↗