What Is Applied Digital (APLD) Really Building With Its 50 MW Texas AI Site?

Applied Digital (NasdaqGS:APLD) agreed a joint venture with Soluna to develop a 50 MW wind-powered AI and HPC data center in Texas. The planned facility will use Soluna’s wind assets to supply power while Applied Digital takes on financing responsibilities and operational control. The project introduces a structure where Applied Digital is both infrastructure owner and tenant, consolidating control over the new Texas site. This 50 MW wind-powered AI and high-performance computing project...