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Applied Digital Secures $11 Billion HPC Hosting Deal With CoreWeave
Applied Digital Secures $11 Billion HPC Hosting Deal With CoreWeave
22
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BTCCSquare news:
Applied Digital has inked an $11 billion agreement with CoreWeave to deliver High-Performance Computing (HPC) hosting services, marking a pivotal expansion beyond its blockchain and cryptocurrency roots. The deal positions the firm alongside industry leaders like Core Scientific and TeraWulf, reflecting its growing influence in the HPC sector.
Demand for HPC services is surging, driven by AI, machine learning, and data analytics—fields requiring vast computational power. CoreWeave’s GPU cloud expertise will amplify Applied Digital’s infrastructure capabilities, creating scalable solutions for this booming market. Analysts project sustained growth in HPC demand over the next decade.
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