Mentioned:
Applied Digital is betting on something new: liquid cooling technology.
What’s happening:
- Applied Digital (NASDAQ: APLD) has led a new $25M USD strategic financing round into liquid cooling startup Corintis
Why it matters:
- Corintis is developing leading edge direct to chip liquid cooling that leverages silicon embedded microfluid channels to extract heat and significantly improve overall energy efficiency compared to traditional cooling done by cold plates
Going deeper:
- Applied Digital and Corintis have both publicly stated they plan to collaborate on bringing Corintis’ technology into new data centres being built out by Applied Digital for high performance computing
- Intel (NASDAQ: INTC) leader Lip-Bu Tan is one of the earliest investors in Corintis and is also on the board of directors
