Core Insights - Applied Digital is gaining investor attention for its role in building and operating AI data centers, providing essential cloud infrastructure for leading AI companies, and has a partnership with Nvidia for GPU access [1][2][5] - The company's share price has increased by 375% over the past 12 months due to surging demand for AI data center capacity [2] - Despite impressive sales growth, the company faces significant challenges, including rising expenses and ongoing losses [2][8] Financial Performance - In fiscal Q2 2026, Applied Digital's sales surged by 250% to nearly $127 million, while total expenses rose by 230% to nearly $158 million [6][9] - The company has signed multiyear leasing agreements, such as with CoreWeave, which could generate up to $16 billion in revenue over 15 years [6] - The company reported a non-GAAP diluted loss of $0.07 per share, indicating ongoing profitability challenges despite the booming AI market [10] Market Outlook - The demand for AI infrastructure is expected to continue growing, with Nvidia forecasting that AI infrastructure spending could reach between $3 trillion and $4 trillion over the next five years [7] - Applied Digital is betting on this growth as more tech companies invest in AI processing power [7]

Core Insights - CleanSpark, Inc. has announced a significant expansion in Texas, acquiring land and power agreements to support a data center with a capacity of up to 600 MW [3][4]. Group 1: Company Developments - The company is aggressively scaling its power and land portfolio while enhancing its AI data center team to meet the growing demand in AI and high-performance computing [2]. - CleanSpark has entered into a definitive agreement to acquire up to 447 acres in Brazoria County, Texas, which will support an initial demand load of 300 MW, with potential expansion to 600 MW [3]. - This acquisition marks the second Texas county in CleanSpark's portfolio, following a previous acquisition of 271 acres and 285 MW in Austin County [4]. Group 2: Bitcoin Mining Operations - In January 2026, CleanSpark produced a total of 573 bitcoins, with a peak single-day production of 21.77 bitcoins and an average daily production of 18.47 bitcoins [6]. - The operational hashrate reached 50.0 EH/s, with an average operating hashrate of 42.6 EH/s and a peak efficiency of 16.07 J/Th [6]. - As of January 31, 2026, the company held a total of 13,513 bitcoins, with 1,894 bitcoins posted as collateral related to derivative transactions [8]. Group 3: Power Portfolio Metrics - CleanSpark has 1.8 GW of power under contract, with 808 MW utilized to support its operational hashrate [7][9]. - The company is focused on optimizing its infrastructure to deliver superior returns to shareholders by monetizing low-cost, high-reliability energy [10].

Marks Key Milestone in Global AI Data Center Initiative Provides Rapid Entry into Malaysia’s High-Growth AI Data Center Market Miami, Feb. 04, 2026 (GLOBE NEWSWIRE) -- Core AI Holdings, Inc. (Nasdaq: CHAI) (“Core AI” or the “Company”), a global AI-focused technology and investment platform, today announced that it entered into a Memorandum of Understanding (MOU) with CSPM Resources SDN BHD (“CSPM”), one of Malaysia’s most experienced and respected data center developers, to pursue next-generation AI-ready d ...

Core Insights - SuperX Industries has signed a Memorandum of Understanding (MOU) with Digital Dynamic Inc., eole Inc., and Woodman Inc. to co-develop large-scale AI Data Centers (AIDC) in Japan [1][2] - The initial pilot project will be located in Mie Prefecture, with a facility capacity of up to 4MW, and aims for future expansion to a total capacity of 300MW [2] - The modular architecture approach is designed to accelerate the deployment of AI infrastructure, addressing Japan's increasing demand for AI capacity [3] Collaboration Framework - The MOU establishes a joint task force to pilot the AIDC project, focusing on technical architecture, governance, and milestones [5] - The collaboration will include system-level integration of advanced power systems and liquid cooling solutions, essential for continuous AI workloads [4] - Future integration of renewable energy components, such as solar and wind power, is also contemplated [4] Industry Context - The shift to modular architecture is a response to the limitations of traditional data center construction, which can take years [3] - The pilot project aims to demonstrate the viability of modular scalability in meeting Japan's surging demand for AI infrastructure [6] - Digital Dynamic Inc. is noted as a rapidly growing AI infrastructure operator, with plans to complete additional AI data centers in Kagoshima and Fukushima Prefectures in 2026 [7] Company Profiles - SuperX AI Technology Limited provides a comprehensive portfolio of AI infrastructure solutions, including high-performance AI servers and liquid cooling solutions [11] - eole Inc. is actively involved in the GPU server market and supports AI data center development [8][9] - Woodman Inc. focuses on optimizing computing environments for AI and high-performance computing [10]

2025 was the year CoreWeave (NASDAQ: CRWV) locked in demand for its data centers. Revenue surged, multiyear contracts piled up, and the company emerged as a critical supplier of artificial intelligence (AI) computing power to customers such as OpenAI and Meta Platforms. But 2026 will be a different test. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » At this point, investors no long ...

Core Viewpoint - The company is actively increasing its investment in AI computing power services, indicating a strong commitment to transforming its business model and positioning itself for future growth in the AI sector [1][2][3] Group 1: Financing and Share Issuance - On February 3, the company announced a subscription agreement to issue 20.31 million shares at a subscription price of HKD 6 per share, representing an approximately 8.40% discount to the closing price of HKD 6.55 on the agreement date, raising approximately HKD 121.9 million [1] - The issuance includes two subscribers, with Subscriber A, a significant early investor, increasing its stake to 4.72% by subscribing for 15 million shares, while Subscriber B, an independent third party, will hold 0.43% after subscribing for 5 million shares [1] - Both subscribers have committed to a six-month lock-up period, reflecting confidence in the company's future [2] Group 2: Strategic Focus on AI Computing Power - The company plans to allocate approximately 90% of the net proceeds from this issuance to potential AI computing power service projects, reinforcing its commitment to the AI sector [1] - The company has previously engaged with state-owned enterprises, securing an investment of HKD 800 million from Fuyuan State Capital, which will enhance its credibility and financial support for AI computing projects [2] - The company aims to leverage state resources to secure more government and central enterprise orders, solidifying its "new infrastructure + AI" dual-driven strategy [2] Group 3: Business Growth and Performance - Tiandun Data, the core operational entity for the company's AI computing power business, has accumulated nearly 200 enterprise clients, including major cloud service providers and leading AI companies [3] - Revenue for Tiandun Data is projected to grow from HKD 50 million in 2022 to HKD 230 million in 2024, reflecting a compound annual growth rate of 114.5% [3] - The company currently operates nearly 40,000 P of computing power with a 95% rack utilization rate and has technology service orders amounting to HKD 15 billion [3]

Core Insights - The data center industry is experiencing a significant transformation driven by the demands of artificial intelligence (AI), which requires unprecedented levels of computing power and resources [1] - Applied Digital is positioning itself as a leader in this sector by constructing high-tech data centers specifically designed for AI applications, anticipating substantial growth in the coming years [2] Company Developments - Applied Digital is currently developing two AI data center campuses, Polaris Forge 1 and Polaris Forge 2, with capacities of 450 megawatts (MW) and 300 MW, respectively, expected to be completed by 2027 [3] - Additionally, the company is constructing Delta Forge 1, which will have an initial capacity of 430 MW and is projected to begin operations by mid-2027 [3] Revenue Projections - The company has secured significant lease agreements, including a deal with CoreWeave worth $11 billion over 15 years and another unnamed AI company for approximately $5 billion over the same period, indicating strong revenue growth potential [4] - Analysts estimate that Applied Digital will generate around $346 million in revenue for fiscal 2026 and $535 million for fiscal 2027, leading to a valuation of 17 to 18 times next year's revenue estimates [7] Market Performance - Applied Digital's stock has surged by 700% over the past 18 months, raising its market capitalization to approximately $9.5 billion [6] - The current stock price is $36.70, reflecting a significant increase from its 52-week low of $3.31 [5][6]

Core Insights - KKR and Singapore Telecommunications are acquiring the remaining 82% stake in ST Telemedia Global Data Centres for S$6.6 billion ($5.1 billion), valuing the enterprise at S$13.8 billion, amid rising demand for data centers driven by artificial intelligence [1][2] - Post-acquisition, KKR will hold a 75% stake in STT GDC, while Singtel will retain 25%, marking KKR's largest infrastructure investment in Asia Pacific [2] - The global data center market saw over $61 billion in investments last year, reflecting a growing need for infrastructure to support AI workloads [3] Company Insights - STT GDC, founded in 2014 and headquartered in Singapore, operates data centers across 12 markets in Asia Pacific, the UK, and Europe, with a design capacity of 2.3 gigawatts [5] - The company provides colocation, connectivity, and support services to hyperscalers and enterprise customers, enhancing Singtel's position in the global data center market [5] - KKR's investment is seen as a strategic move to capitalize on the long-term growth potential of digital infrastructure, as highlighted by KKR's co-head of Asia Pacific [4]

AirTrunk, the Blackstone-owned data center operator, has hired Tom Mackellar from Australian property developer Lendlease to spearhead its expansion in Asia Pacific, according to sources https://t.co/wxi8r6PqP6 ...

As the AI industry expands and developers pursue increasingly sophisticated systems that require ever-larger volumes of data, space has some attractive qualities for housing data centers. Here's what to know https://t.co/TVZURDnWsd ...