Slide 1: Needham Conference May 2024
I it IN APPLIED DIGITAL il Needham Conference May 2024
Slide 2: Disclaimer and Forward-Looking Statements
This presentation has been designed to provide general information about Applied Digital Corporation (“Applied Digital” or the “Company”). Any information contained or referenced herein is suitable only as an introduction to the Company. The information contained in this presentation is for informat
Slide 3: Who We Are / Wes Cummins, Chairman & CEO
3 Wes Cummins C H A I R M A N & C E O • Holds a BSBA from Washington University in St. Louis where he majored in Finance and Accounting • 272 Capital L.P., 2020 – Present, Founder and CEO • Nokomis Capital, 2012 – 2020, Research Analyst • B. Riley & Co, 2002 – 2011, President • Current Board Member
Slide 4: Business Overview
Applied Digital AI BASED CLOUD SERVICES HPC DATA CENTERS BLOCKCHAIN DATA CENTERS Rent AI/ML companies access to accelerated cloud compute (GPU servers) to train and run applications Own & provide hosting infrastructure through purpose build HPC data centers for the new wave of technological platform
Slide 5: The Rise of AI and Its Demand
The Rise of AI and Its Demand 5 T H E A I B O O M The AI Perfect Storm 2023 AI BIG BANG (Induced by ChatGPT) Training LLM’s – A capacity race for accelerated infrastructure LLMs High Speed Networking Massive GPU Compute GPT-3 175 Billion Parameters 499 Billion Tokens 100 Tokens = 75 Words) GPT-4 10X
Slide 6: The Challenge of Power Shortage
The Challenge of Power Shortage 6 The AI surge is pushing global data center power demand from 49 GW in 2023 to an expected 96 GW by 2026, with AI consuming around 40 GW. This rapid growth faces a significant power supply challenge, highlighting the urgent need for scalable energy solutions. T H E A
Slide 7: From Population to Power
Traditional Data Centers Traditionally, data centers needed to be close to population centers. This proximity was crucial to ensure fast response times and low latency for users. AI Data Centers AI data centers shift the paradigm. They are less dependent on being near population centers and consume
Slide 8: Understanding AI Data Centers
Understanding AI Data Centers 8 E V O L U T I O N O F D A T A C E N T E R S TRADITIONAL DATA CENTERS NEXT-GEN AI DATA CENTERS • Low IT MW Load • Low-Power Density Design (12-15kW) • Located Near Major Cities • Optimized for High-Speed, Ultra Low Latency • Requires Purpose Built Infrastructure Design
Slide 9: Purpose-Built Infrastructure as a Solution
Purpose-Built Infrastructure as a Solution 9 E V O L U T I O N O F D A T A C E N T E R S Data Center Block - Building 1 Typical Building • Three story 428,000 GSF building • 1st Floor - Central Utilities • 2nd & 3rd Floors – Data halls • 2 Data Halls – 50MW IT Load Each • Peak rack load of 120kW/rac
Slide 10: Looking Ahead: The Future of AI Infrastructure
Looking Ahead: The Future of AI Infrastructure 10 Immediate Solution E V O L U T I O N O F D A T A C E N T E R S Long Term Solution Due to the escalating power shortages affecting data centers, companies are urgently strategizing to secure data center resources. This situation is leading to the expl
Slide 11: Data Center Regions
11 D A T A C E N T E R S Regions Custom Built HPC Region Total Power Initial Energization North Dakota, JMS 9MW Energized North Dakota, ELN Up to 600MWs Q4 2024 Iowa Up to 200MWs Q3 2025 Oklahoma Up to 500MWs Q3 2025 AI Specific Model Training Region Total Power Colorado, Denver 7.5MWs Minnesota, Mi
Slide 12: Compute as a Service: Customer Journey
Navigating the Customer Journey: Strategies for Growth and Scalable Innovation 12 C O M P U T E A S A S E R V I C E Your Path to Scalable Innovation: From initial model development to foundational AI and large-scale operations, we provide the infrastructure to grow at every step. Start Smart: Sai GP
Slide 13: Thank You
info@applieddigital.com THANK YOU