Supercomputer

Applied Digital Reschedules Fiscal Third Quarter 2024 Earnings Conference Call to Thursday, April 11, 2024 at 5:00 p.m. Eastern Time

Retrieved on: 
Tuesday, April 9, 2024
Supercomputer

DALLAS, April 09, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder and operator of next-generation digital infrastructure designed for High-Performance Computing (“HPC”) applications, today announced that, in light of a scheduling issue, has moved its fiscal third quarter 2024 earnings conference call to Thursday, April 11, 2024, at 5:00 p.m. Eastern time.

Key Points: 
  • DALLAS, April 09, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder and operator of next-generation digital infrastructure designed for High-Performance Computing (“HPC”) applications, today announced that, in light of a scheduling issue, has moved its fiscal third quarter 2024 earnings conference call to Thursday, April 11, 2024, at 5:00 p.m. Eastern time.
  • Financial and operational results for the fiscal third quarter ended February 29, 2024, will be issued after the market closes on Thursday, April 11, 2024.
  • If you have difficulty connecting with the conference call, please contact Applied Digital’s investor relations team at 1-949-574-3860.
  • A replay of the call will be available after 9:00 p.m. Eastern time April 11, 2024 through April 25, 2024.

Applied Digital Issues $50 Million Unsecured Convertible Debenture to Advance HPC Data Center Project in Ellendale, North Dakota

Retrieved on: 
Monday, April 1, 2024
Negotiation, HPC, Supercomputer, Sale, LLP, United, Security (finance)

The convertible debenture bears no interest, has an original issue discount of five percent and has a term of 54 weeks.

Key Points: 
  • The convertible debenture bears no interest, has an original issue discount of five percent and has a term of 54 weeks.
  • The Investor has contractually agreed not to short the stock during the term of the note.
  • Concurrently, we continue negotiating our project-level financing to ensure timely project completion and fulfillment of our contractual obligations,” said Applied Digital CFO David Rench.
  • Northland Capital Markets acted as advisor and sole placement agent for the Company on the financing.

Applied Digital Sets Fiscal Third Quarter 2024 Earnings Conference Call for Wednesday, April 10, 2024 at 9:00 a.m. Eastern Time

Retrieved on: 
Thursday, March 28, 2024
Supercomputer

A press release detailing these results will be issued before the market open on the same day.

Key Points: 
  • A press release detailing these results will be issued before the market open on the same day.
  • Applied Digital management will provide prepared remarks, followed by a question-and-answer period.
  • If you have difficulty connecting with the conference call, please contact Applied Digital’s investor relations team at 1-949-574-3860.
  • A replay of the call will be available after 1:00 p.m. Eastern time April 10, 2024 through April 24, 2024.

Applied Digital Announces Agreement to Sell Garden City Campus to Marathon Digital Holdings

Retrieved on: 
Friday, March 15, 2024
Marathon Digital, Calendar, HPC, Letter, Supercomputer, Balance sheet, Growth, Cryptocurrency

DALLAS, March 15, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (“HPC”) applications, today announced that it has entered into a definitive agreement to sell its 200 megawatt ("MW") campus in Garden City, TX to Marathon Digital Holdings (Nasdaq: MARA) (“Marathon”) for a net purchase price of approximately $87.3 million, with a gross purchase price of $97.3 million after adjustments contemplated in the purchase agreement. In addition to the purchase price, this transaction will release $12 million of restricted cash previously committed as collateral for the site's letter of credit. The transaction is subject to customary closing conditions and is expected to close in the second quarter of calendar 2024.

Key Points: 
  • Completed in 2023, Applied Digital's Garden City campus provides hosting agreements for blockchain mining clients, such as Marathon, under third-party arrangements.
  • Applied Digital exclusively focuses on infrastructure and support services and does not currently own any equipment placed in the facility.
  • Marathon has been a significant customer at the Garden City campus, operating under a multi-year colocation hosting agreement, and will remain a customer at our North Dakota blockchain hosting facilities.
  • "Applied Digital has proven to be an invaluable partner, exemplifying excellence in both the construction and management of their data centers.

Applied Digital Secures Contract with AI Customer, Together AI

Retrieved on: 
Thursday, March 14, 2024
Organization, Communication, Digital, NVLink, H100, Partnership, InfiniBand, HPC, Supercomputer, AI, Graphics processing unit, Ecosystem, NVIDIA, Video game

DALLAS, March 14, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (“HPC”) applications, today announced the onboarding of another AI customer, Together AI. Applied Digital received a contract prepayment of $18 million as part of the $75 million contract, in connection with which it has fully onboarded one compute cluster of GPUs and has provided access to its second cluster.

Key Points: 
  • • Applied Digital's robust infrastructure aligns with Together AI's commitment to innovation, seeking to meet the surging demands of AI and HPC markets.
  • DALLAS, March 14, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (“HPC”) applications, today announced the onboarding of another AI customer, Together AI .
  • “Our partnership with Together AI highlights the effectiveness of our cloud service in propelling forward-thinking AI ventures towards scalability,” said Applied Digital CEO and Chairman Wes Cummins.
  • We believe Applied Digital is poised to capitalize on this momentum, spearheading advancements in these complementary sectors.

ORCA Computing Unveils First Demonstration of a Hybrid Algorithm Utilizing the ORCA PT-1 Photonic Quantum Processor and NVIDIA CUDA Quantum

Retrieved on: 
Monday, March 18, 2024
Data Management, Semiconductor, Technology, Nanotechnology, Software, Internet, Hardware, Algorithm, Forecasting, GPU, GAN, Communication, Research, Supercomputer, Doctor of Philosophy, Quantum, QPU, Graphics processing unit, Machine learning, NVIDIA

ORCA Computing , a leading quantum computing company, has announced the first successful demonstration of a hybrid quantum/classical algorithm powered by ORCA’s PT Series System and NVIDIA CUDA Quantum , marking a significant milestone towards real-world applications of quantum computing.

Key Points: 
  • ORCA Computing , a leading quantum computing company, has announced the first successful demonstration of a hybrid quantum/classical algorithm powered by ORCA’s PT Series System and NVIDIA CUDA Quantum , marking a significant milestone towards real-world applications of quantum computing.
  • “Quantum computing has the potential to solve some of the world’s biggest challenges,” said Timothy Costa, Director of High-Performance Computing and Quantum at NVIDIA.
  • “This latest demonstration, using NVIDIA CUDA Quantum in ORCA’s photonic quantum processor, is set to help customers advance their quantum research.”
    ORCA Computing pushes the boundaries of quantum computing, as reaffirmed by its recent selection to develop a quantum computing testbed for the National Quantum Computing Centre (NQCC) .
  • Alongside other globally leading platforms at the NQCC, ORCA is spearheading the development of a photonic quantum computing testbed tailored for machine learning, leveraging its hybrid quantum/classical neural network architectures and photonic quantum processors.

Global and China Passenger Car Intelligent Chassis and Chassis Domain Controller Research Report 2023: Cross-domain Integration of Chassis Domain with Other Domains Brings More Imaginable Space to SDV - ResearchAndMarkets.com

Retrieved on: 
Friday, March 15, 2024
Automotive Manufacturing, Manufacturing, Vehicle Technology, Autonomous Driving, Vehicles, Automotive, ESC, EPB, Freedom, NIO, Original equipment manufacturer, ICC, Intelligence, EPS, EBP, Perception, HPC, Supercomputer, WCBS, EHB, ES7, ECU, Electronics, RBU, Auto Shanghai, Chassis, ABS, CDC, EMB, SBW, NAD, Tech, Instrumentation

The "Passenger Car Intelligent Chassis and Chassis Domain Controller Research Report, 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Passenger Car Intelligent Chassis and Chassis Domain Controller Research Report, 2023" report has been added to ResearchAndMarkets.com's offering.
  • Passenger Car Intelligent Chassis and Chassis Domain Controller Research Report, 2023, combs through three integration trends of brake-by-wire, steer-by-wire, and active suspension, and researches chassis control strategies, chassis domain controller products & planning of suppliers and OEMs.
  • Chassis single-system integration is mainly X-by-wire system integration, of which brake-by-wire system integration is the most typical.
  • Chassis intelligence includes not only intra-domain integration, but also cross-domain integration (with intelligent driving domain, body domain, power domain, etc.).

Eoptolink Demonstrates Industry 1st 200G/lane LPOs with 100G/lane 800G LPOs Entering Mass Production

Retrieved on: 
Thursday, March 21, 2024
GPU, MSA, Application-specific integrated circuit, SAN, LPO, AI, DSPS, NIC, Supercomputer, QSFP-DD, PON, Ecosystem, Silicon, Video game

LPO transceivers are designed without DSPs or CDRs, resulting in lower power consumption and significantly less latency.

Key Points: 
  • LPO transceivers are designed without DSPs or CDRs, resulting in lower power consumption and significantly less latency.
  • Eoptolink 800G OSFP DR4 LPO transceivers utilize a silicon photonics PIC that transmits 4 parallel channels at 200Gb/s.
  • In addition, Eoptolink has launched the 2nd generation of its 100G/lane 800G and 400G LPO products for single-mode applications in OSFP, QSFP-DD and QSFP112 form-factors.
  • The second generation of Eoptolink 800G and 400G LPO products enables users to achieve full TP2 compliance at the optical transmit interface of the modules.

74 Global and China Passenger Car Intelligent Chassis and Chassis Domain Controller Research Report 2023 Featuring 17 Chinese Tier 1 Suppliers, 5 Foreign Tier 1 Suppliers and Layout of 10 OEMs

Retrieved on: 
Thursday, March 14, 2024
ESC, EPB, Freedom, NIO, Original equipment manufacturer, ICC, Intelligence, EPS, EBP, Perception, HPC, Supercomputer, WCBS, EHB, ES7, ECU, Electronics, RBU, Auto Shanghai, Chassis, ABS, CDC, EMB, SBW, NAD, Tech, Instrumentation

DUBLIN, March 14, 2024 /PRNewswire/ -- The "Passenger Car Intelligent Chassis and Chassis Domain Controller Research Report, 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 14, 2024 /PRNewswire/ -- The "Passenger Car Intelligent Chassis and Chassis Domain Controller Research Report, 2023" report has been added to ResearchAndMarkets.com's offering.
  • Passenger Car Intelligent Chassis and Chassis Domain Controller Research Report, 2023, combs through three integration trends of brake-by-wire, steer-by-wire, and active suspension, and researches chassis control strategies, chassis domain controller products & planning of suppliers and OEMs.
  • Chassis single-system integration is mainly X-by-wire system integration, of which brake-by-wire system integration is the most typical.
  • Chassis intelligence includes not only intra-domain integration, but also cross-domain integration (with intelligent driving domain, body domain, power domain, etc.).

Applied Digital Provides Update on Anchor Tenant at Ellendale HPC Facility

Retrieved on: 
Friday, March 8, 2024
Supercomputer

DALLAS, March 08, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (“HPC”) applications, announced today it has extended the original 45-day negotiation period announced in January on the conditional agreement with an anchor tenant to provide datacenter capacity at its Ellendale, North Dakota campus until March 30, 2024.

Key Points: 
  • DALLAS, March 08, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (“HPC”) applications, announced today it has extended the original 45-day negotiation period announced in January on the conditional agreement with an anchor tenant to provide datacenter capacity at its Ellendale, North Dakota campus until March 30, 2024.
  • The conditional agreement is for a total of 100MWs for a term of 10 years.