Helmed by CEO Mike Novogratz, the firm secured the entire 800MW of HPC capacity at Helios after CoreWeave exercised its final option.

Guidance language shifted from expecting NII growth in Q2 to explicit confidence in full-year 2025 NII per share exceeding 2024 levels. Management highlighted record TII in Q2 versus record TII in Q1, ...

Applied Digital's data centers are unique in that they focus on AI uses. It's what landed them an upgraded $11B CoreWeave ...