jain.com

Jamestown facility to house GPUs for HPC/AI workloads

Company: Applied Digital

Subject kind
product
Statement date
2024-03-04
Current status
stated

The claim, verbatim

The company intends to use the loan to support operations at the standalone Jamestown data center, which will house GPUs and support various HPC/AI applications.

Source (primary)

applied-digital 8-K exhibit (apldbndloanpr3524.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-09)Live source ↗

Quote: “The Company intends to use the loan, which has a 5-year term, to support its operations at the standalone data center, which will house graphics processing units (GPUs) and support various HPC/AI applications.”

How we checked this

Checked on November 10, 2026. The cited source supports every part of this claim.

The release says the company intends to use the loan to support operations at the standalone data center, which is the Jamestown campus in context, and that the facility will house GPUs and support various HPC/AI applications.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1144879/000114487924000053/apldbndloanpr3524.htm) in full (3,699 characters, retrieved November 9, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms applied-digital 8-K exhibit (apldbndloanpr3524.htm)

Quote: “The Company intends to use the loan, which has a 5-year term, to support its operations at the standalone data center, which will house graphics processing units (GPUs) and support various HPC/AI applications.”

View cached copy (2026-11-09)Live source ↗