Soluna Holdings and Applied Digital Partner for 50MW AI Data Center in Texas

Key Facts

1Soluna Holdings signed a definitive agreement with Applied Digital to develop a 50MW AI/HPC data center at its Dorothy 3 site in Texas.

Soluna Holdings signed a definitive agreement with Applied Digital to develop a 50MW AI/HPC data center at its Dorothy 3 site in Texas. Benzinga reported that the joint venture aims to build a facility dedicated to Artificial Intelligence and High-Performance Computing workloads. The partnership represents a strategic effort to expand infrastructure capacity for both companies.

Soluna Holdings (SLNH) closed at $0.577 on October 20, 2026, while Applied Digital (APLD) closed at $19.33 on the same date. The collaboration leverages Soluna's existing site resources to support high-performance computing infrastructure, marking a tangible expansion for these players in the AI data center space.