Soluna Agrees to Form Strategic Partnership with Applied Digital to Develop Wind-Powered AI Data Center in Texas

Why Applied Digital Stock Was a Major Winner on Wednesday

It's teaming up with a peer to develop an AI data center in Texas.

Soluna Holdings (NASDAQ: SLNH) And Applied Digital (NASDAQ: APLD) Partner To Build 50 MW Wind-Powered AI Data Center In Texas

Soluna Holdings (NASDAQ: SLNH) has announced a definitive agreement with Applied Digital (NASDAQ: APLD) to jointly develop a 50 MW artificial intelligence data center in the Texas Panhandle. The two companies will form a jointly owned entity to develop the facility at Project Dorothy 3, Soluna’s existing site in the Texas Panhandle region. Under the […]

Soluna Agrees to Form Strategic Partnership with Applied Digital to Develop Wind-Powered AI Data Center in Texas

/PRNewswire/ -- Soluna Holdings, Inc. (Nasdaq: SLNH) ("Soluna"), a developer of green data centers for intensive computing applications including artificial...

Applied Digital (APLD) Stock: Soars on 51% Stake in Soluna’s 50 MW Texas AI Data Center Project

TLDR APLD shares surge 8.54% as Applied Digital takes control of a Texas AI project. Applied Digital gains a 51% stake in Soluna’s planned 50 MW Texas data center. Soluna brings land and power assets, while Applied Digital funds development. ChronoScale eyes a lease for the Texas AI facility, pending final agreements. Texas AI data [...]

Soluna Holdings agrees to 50 MW AI data centre partnership

Applied Digital would own 51 per cent of the project company, while prospective tenant ChronoScale has signed only a non-binding letter of intent.

Soluna Holdings partners with Applied Digital for 50 MW AI data center in Texas

The partnership could accelerate AI infrastructure growth, leveraging renewable energy and potentially influencing regional tech development dynamics.