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Applied Digital Shares Surge as AI Demand Drives Data Center Expansion

The company’s stock rose sharply amid growing artificial intelligence demand, boosting its data center operations.

Summary

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Terms & Concepts
  • Data Center: A facility used to house computer systems and associated components, supporting large-scale computing and data storage needs.
  • Artificial Intelligence (AI): The simulation of human intelligence in machines that can perform tasks typically requiring human cognition.