FAQ: Applied Digital's $5B AI Infrastructure Expansion and New North Dakota Data Center
Summary
Applied Digital Corporation is accelerating its national AI infrastructure buildout with $5 billion in financing and construction of a new $3 billion, 280-megawatt data center in North Dakota, positioning the company as a U.S. leader in sustainable, AI-ready infrastructure.
What is Applied Digital Corporation building in North Dakota?
Applied Digital is building Polaris Forge 2, a $3 billion, 280-megawatt data center in Harwood, North Dakota, which will be its second large-scale ‘AI factory’ in the state.
How is Applied Digital financing this expansion?
The company secured a $5 billion equity facility with Macquarie Asset Management, along with $160 million in strategic financing, to fund its high-performance computing expansion and upcoming buildouts.
When will the new Polaris Forge 2 data center begin operations?
The facility is slated to begin operations in 2026.
What makes this data center sustainable and optimized for AI workloads?
The facility will incorporate waterless cooling systems, renewable-energy integration, and is designed as a GPU-optimized data center specifically for next-generation AI workloads.
What economic benefits will this project bring to North Dakota?
The Polaris Forge 2 data center will create more than 200 permanent jobs in the region.
Who is involved in reporting on this expansion?
Alicia Shapiro, head of news reporting at AiNews.com, has detailed Applied Digital’s expansion strategy and financing arrangements in multiple features.
What is Applied Digital’s expertise in data center development?
Applied Digital designs, builds and operates high-performance, sustainably engineered data centers for AI, cloud, networking, and blockchain workloads, combining hyperscale expertise with proprietary waterless cooling and rapid deployment capabilities.
Where is Applied Digital Corporation headquartered?
The company is headquartered in Dallas, TX, and was founded in 2021.
What recognition has Applied Digital received for its data centers?
The company was named Best Data Center in the Americas 2025 by Datacloud for its Polaris Forge AI Factory model.
Where can I find more information about Applied Digital Corporation?
For more information about the company, visit www.applieddigital.com.
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