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Applied Digital Launches $3B AI Data Center with $5B Financing

Applied Digital breaks ground on $3B Polaris Forge 2 AI data center with $5B Macquarie financing. 280MW North Dakota facility features waterless cooling for sustainable AI infrastructure.

This development represents a critical advancement in national AI infrastructure capacity at a time when artificial intelligence workloads are experiencing exponential growth. The massive investment in specialized, sustainable data centers addresses the urgent need for computing power required by next-generation AI models and applications. For businesses and consumers, this expansion means faster development of AI-powered products and services across industries from healthcare to transportation. The waterless cooling technology and renewable energy integration set new standards for environmentally responsible computing infrastructure, while the job creation in North Dakota demonstrates how AI infrastructure development can drive regional economic growth. As AI becomes increasingly integrated into daily life and business operations, investments like Applied Digital's ensure the United States maintains competitive advantage in the global AI race while building sustainable technological infrastructure for future generations.