Expected GPU acquisition and deployment expansion
Company: Applied Digital
The claim, verbatim
Management expects to acquire and deploy additional GPUs and increase revenue from Cloud Services Business as operations ramp
Source (primary)
Applied Digital 424B3 filed 2024-09-11 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “As we ramp up operations in this business segment, we expect to acquire and deploy additional GPUs, increase revenue from the Cloud Services Business and increase the percentage of our revenue produced by our Cloud Services Business.”
How we checked this
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Additional evidence
confirms Applied Digital 424B3 filed 2024-09-11
Quote: “As we ramp up operations in this business segment, we expect to acquire and deploy additional GPUs, increase revenue from the Cloud Services Business and increase the percentage of our revenue produced by our Cloud Services Business.”