Applied Digital Signs $180M AI Cloud Service Agreement

(24/7 MARKET NEWS) – Applied Digital Corporation (Nasdaq: APLD) announced, this morning, that secured its first major AI customer with an agreement worth up to $180 million over a 24-month period, for its recently launched AI Cloud Service, through its wholly-owned subsidiary Sai Computing.

Applied Digital is trading at $3.85, up $0.435 (+12.73%) 6K premarket shares traded.

Its 52-week range is $0.85 to $5.00. If its trading volume is strong, it could hit a new 52-week high on this news.

24/7 MARKET NEWS, INC Disclaimer

24/7 MARKET NEWS (“24/7 MN”) is dedicated to covering various underreported segments of the stock markets. Our goal is to help you to better understand these markets, but 24/7 MN is neither an investment advisor nor a financial advisor, and no information provided here is to be interpreted as a suggestion to buy or sell stocks or other investment products. All opinions, news, research, analysis, prices or other information contained on, its press releases, or other services are provided for educational purposes only and do not constitute investment advice. You are solely responsible for the investment decisions you make.

Please go to or for further information.


Signup today for free and be the first to get notified of breaking news.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.


Sign up for Breaking Alerts, our newsletter putting timely and updated stock and crypto markets news into your hands.

Add New Playlist