Applied Digital reports 4QFY25, FY25 results; CoreWeave expands leases, cloud business looking at alternatives
Applied Digital reported its 4QFY25 and FY25 results, which ended May 31, 2025. The business continues to be in transition to a new phase on the heels of Applied Digital signing 15-year leases with CoreWeave for 400MW of capacity at the Polar Forge1 data centre campus in Ellendale, North Dakota.
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