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Wes Cummins

👤 Speaker
430 total appearances

Appearances Over Time

Podcast Appearances

The Rundown
How Applied Digital Became the Landlord for Big Tech’s AI Buildout

What is the net result of that?

The Rundown
How Applied Digital Became the Landlord for Big Tech’s AI Buildout

We have saved the rate payers in the region like 35 plus million dollars over the past four years.

The Rundown
How Applied Digital Became the Landlord for Big Tech’s AI Buildout

because the utility gets to charge us for power that wasn't being used.

The Rundown
How Applied Digital Became the Landlord for Big Tech’s AI Buildout

We pay for any new infrastructure and then they have to share some of that earnings back to the rate payers.

The Rundown
How Applied Digital Became the Landlord for Big Tech’s AI Buildout

And so the rate payers actually see their electricity bills go down and not up.

The Rundown
How Applied Digital Became the Landlord for Big Tech’s AI Buildout

And that's all in how you choose the site, where you go.

The Rundown
How Applied Digital Became the Landlord for Big Tech’s AI Buildout

The community there loves us.

The Rundown
How Applied Digital Became the Landlord for Big Tech’s AI Buildout

We're building, you know, an out-of-the-way area.

The Rundown
How Applied Digital Became the Landlord for Big Tech’s AI Buildout

But they're seeing all the economic benefit.

The Rundown
How Applied Digital Became the Landlord for Big Tech’s AI Buildout

They're seeing all the tax benefit.

The Rundown
How Applied Digital Became the Landlord for Big Tech’s AI Buildout

They're seeing all of the big benefits that we bring.

The Rundown
How Applied Digital Became the Landlord for Big Tech’s AI Buildout

And then you take, you know, what was a slowly shrinking town.

The Rundown
How Applied Digital Became the Landlord for Big Tech’s AI Buildout

into growth and not too much growth right there's there's the growth from the construction but then at the end we train locally you know 80 85 percent of the jobs uh but it's two or three hundred jobs for that town is 1100 people so you're not overwhelming them with with a bunch of jobs but you bring jobs that pay two and a half to three times on average the average household income of north dakota highly technical jobs that we can train for locally

The Rundown
How Applied Digital Became the Landlord for Big Tech’s AI Buildout

So these are the things that we're doing because that's become the biggest hurdle, but it's not a new hurdle for us.

The Rundown
How Applied Digital Became the Landlord for Big Tech’s AI Buildout

And it's something we've been done since the inception of the company, but it's something new for a lot of data center companies.

The Rundown
How Applied Digital Became the Landlord for Big Tech’s AI Buildout

They used to get a fly under the radar and never have

The Rundown
How Applied Digital Became the Landlord for Big Tech’s AI Buildout

any issues.

The Rundown
How Applied Digital Became the Landlord for Big Tech’s AI Buildout

They just apply for permits and the data center gets built and they ask for more electricity from the grid, like I said, in these key data center markets.

The Rundown
How Applied Digital Became the Landlord for Big Tech’s AI Buildout

So we've had to go about it in a different way.

The Rundown
How Applied Digital Became the Landlord for Big Tech’s AI Buildout

But I think that's going to be a big benefit to us.