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Babcock & Wilcox signs $2.4 billion AI power deal for 1.2 GW

Verifying
  • Babcock & Wilcox signed a $2.4 billion agreement to supply Applied Digital’s AI campuses.
  • 1.2 GW of natural gas-fired boiler-steam capacity is covered by the agreement.
  • Applied Digital’s North Dakota site reached 50 MW online capacity by late 2025.
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