Applied Digital Leads $25 Million Funding Round for Corintis to Advance Innovation in Data Center Technology

Core Insights - Applied Digital has invested $25 million in Corintis, a Swiss company specializing in advanced chip-cooling solutions, to enhance its leadership in AI-optimized data centers [1][2] - The investment aims to improve efficiency and power density in data centers, particularly for demanding AI workloads, highlighting the importance of liquid cooling technology [2][3] Company Strategy - The investment in Corintis reinforces Applied Digital's commitment to advancing data center technology and maintaining its competitive edge in the AI infrastructure market [2][4] - Applied Digital's strategy includes partnerships that focus on enhancing performance, scalability, and efficiency across its data center operations [4][6] Technology and Innovation - Corintis utilizes microfluidic technology for direct-to-chip liquid cooling, which can achieve up to 3x lower temperatures compared to standard cooling methods, thus improving energy efficiency and reducing environmental impact [3][5] - The new funding will enable Corintis to expand its U.S. presence and accelerate the manufacturing and rollout of its microfluidic cooling technology [5] Market Position - Applied Digital has recently signed a long-term lease with a U.S.-based investment-grade hyperscaler and has established significant lease agreements, demonstrating its growth and technological leadership in high-performance infrastructure [6] - The company has been recognized as the Best Data Center in the Americas for 2025, further solidifying its position in the industry [7][8]