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Applied Digital revenue up, loss widens

1 reports1 sourcesUpdated 3 days ago

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AI summary

Applied Digital reported sharply higher revenue but a wider loss, as its AI-related investments grew, according to Reuters. The report gives no figures for the revenue increase or the loss, and does not specify which investments drove the result.

Generated by AI from the reporting · updated 1 day ago

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Oct 7
  1. Reuters · Technology
    Applied Digital's revenue soars, loss widens on growing AI investments

    Applied Digital reported soaring revenue alongside a widening loss, driven by growing AI investments, according to Reuters.