Joint venture with Soluna Holdings for Texas AI data center
Company: Applied Digital
The claim, verbatim
Applied Digital agreed with Soluna Holdings to form a joint venture to build an AI data center in Texas. Applied Digital will fund development and hold a 51% controlling interest, and Soluna will contribute land and power project assets for a 49% stake.
Source (primary)
Why are Applied Digital (APLD) shares soaring today - TradingView (-, news_article)
View cached copy (2026-10-22)Live source ↗Archive.org ↗
Quote: “the company agreed with Soluna Holdings to form a joint venture to build a 50-megawatt AI data center in Texas”
How we checked this
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Additional evidence
confirms Why are Applied Digital (APLD) shares soaring today - TradingView
Quote: “the company agreed with Soluna Holdings to form a joint venture to build a 50-megawatt AI data center in Texas”