Applied Digital, Soluna Agree to Build 50-Megawatt Texas AI Data Center
Applied Digital agreed with Soluna Holdings to form a joint venture to build a 50-megawatt AI data center in Texas. Applied Digital shares rose 6.7% in afternoon trading.
Applied Digital shares rose 6.7% in afternoon trading after the digital infrastructure provider reached an agreement with Soluna Holdings to establish a joint venture to build a 50-megawatt AI data center in Texas. Under the agreement, the partnership will construct the faci…