Applied Digital has solidified its expansion into advanced compute infrastructure by finalizing an additional 150MW lease agreement with CoreWeave at its Polaris Forge 1 Campus in North Dakota. This new lease increases the total critical IT capacity across the site’s three long-term agreements to 400MW, supporting CoreWeave’s AI and high-performance computing operations. The Polaris Forge 1 Campus, engineered to eventually scale up to 1 gigawatt, utilizes renewable power and North Dakota’s climate to optimize sustainability and cost efficiency, marking a significant contribution to the advancement of AI infrastructure in the region.
Elsewhere in the market, Pure Storage was trading firmly up 32.3% and closing at $80.54, close to the 52-week high. On Wednesday, the company reported earnings growth and raised its fiscal year 2026 revenue guidance. At the same time, Nutanix lagged, down 5.1% to close at $66.06. On Wednesday, Nutanix announced a strategic collaboration with Finanz Informatik for a significant two-year migration project in Germany.
Nutanix is rapidly gaining traction with Global 2000 companies chasing less expensive tech solutions. Click here to explore how this could impact their market position and future growth.
For more insights on Cloud AI, revisit our Market Insights article, “Who Will Win In The Age Of Agentic AI,” to explore the transformative potential and strategic impact of agentic AI on businesses—catch up before market dynamics shift.
Alphabet closed at $211.64 up 2%, not far from its 52-week high. SMX, in collaboration with Google Public Sector and WWT, initiated a pilot program to integrate AI and ML into DoD operations two days ago.
Apple closed at $232.56 up 0.9%. On Wednesday, the company announced a partnership with TuneIn to expand access to its live radio stations globally.
Microsoft ended the day at $509.64 up 0.6%. On Wednesday, Hebbia announced the integration of GPT-5 into its platform via Azure AI, enhancing fintech solutions with Microsoft’s infrastructure.
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