Cloud Services GPU deployment and revenue growth expectations
Company: Applied Digital
The claim, verbatim
Expects to acquire and deploy additional GPUs, increase Cloud Services Business revenue, and increase percentage of revenue from Cloud Services Business as operations ramp up
Source (primary)
Applied Digital 10-K filed 2024-08-30 (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 10-K filed 2024-08-30
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.”