AI × CryptoBullishcrypto.news · 3h ago7/10
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Applied Digital lines up $300M bridge loan to accelerate AI data center build
Applied Digital secured a $300M Goldman Sachs-led bridge loan to fund expansion of its AI data center infrastructure, targeting an additional 150 MW of capacity. The financing layers on existing $2.15B in notes and a $7.5B hyperscaler lease agreement, positioning the company to capitalize on surging demand for GPU-intensive computing infrastructure.
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