Applied Digital $15 million investment in Corintis cooling technology
Company: Applied Digital
The claim, verbatim
Invested $15 million into and led $25 million funding round for Corintis, developer of advanced direct-to-chip liquid-cooling technology
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “Invested $15 million into, and led, a $25 million funding round for Corintis, a developer of advanced direct‑to‑chip liquid‑cooling technology”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The release says Applied Digital invested $15 million in Corintis and led its $25 million funding round, describing Corintis as a direct-to-chip liquid-cooling developer.
Confirmed in the source:
- Applied Digital invested $15 million in Corintis
- Applied Digital led a $25 million funding round for Corintis
- Corintis develops advanced direct-to-chip liquid-cooling technology
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/news-events/press-releases/detail/142/applied-digital-reports-fiscal-second-quarter-2026-results/) in full (45,559 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Earnings Release
Quote: “Invested $15 million into, and led, a $25 million funding round for Corintis, a developer of advanced direct‑to‑chip liquid‑cooling technology”