Future GPU Acquisition Plans
Company: Applied Digital
The claim, verbatim
Plans to acquire and deploy additional GPUs as Cloud Services operations ramp up with expectations to increase revenue and percentage of revenue from Cloud Services Business
Source (primary)
Applied Digital 424B5 filed 2024-05-17 (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 424B5 filed 2024-05-17
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.”