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Ownership of SAI Computing LLC business

Company: Applied Digital

Subject kind
acquisition
Statement date
2024-05-13
Current status
stated

The claim, verbatim

Applied Digital Cloud Corporation, a new wholly-owned subsidiary, owns all of the business that was formally known as SAI Computing LLC

Source (primary)

Applied Digital 8-K filed 2024-05-14 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “Applied Digital Cloud owns all of the business that was formally known as SAI Computing LLC”

How we checked this

Checked on September 18, 2026. The cited source supports every part of this claim.

The May 13, 2024 8-K states that Applied Digital formed Applied Digital Cloud as a new wholly-owned subsidiary and that it owns all of the business formerly known as SAI Computing LLC.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000114487924000125/apld-20240513.htm) in full (3,100 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital 8-K filed 2024-05-14

Quote: “Applied Digital Cloud owns all of the business that was formally known as SAI Computing LLC”

View cached copy (2026-08-31)Live source ↗