Applied Digital secures up to 1 GW Finland power

Applied Digital has announced an agreement giving it access to up to 1 GW of potential power capacity in Finland, marking its first development opportunity outside the United States.

• The company plans to build a large-scale AI Factory campus that could scale to 1 GW, with initial power availability anticipated in 2028; it has already begun marketing the site and is discussing the project with global hyperscale customers.
• Applied Digital said the Finland project is a measured first step into international markets, with future investment tied to customer demand, commercial milestones, and regulatory/development requirements; the release also highlights Finland’s cooler climate, energy ecosystem, and digital networks.