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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

It already has been.

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

But it's going to really be a benefit in the future as data centers are facing kind of the same blowback that Bitcoin mining was facing back in the day.

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

Yeah, so this is how I think about it.

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

And I wouldn't say it keeps me up at night, but I think about it a lot.

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

And so for me...

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

We have three campuses and, you know, we're working on more.

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

We've said we're working on more, but I would love to get to, you know, five, six, seven, eight campuses, you know, here over the call it the next, you know, 12 months.

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

And the once I'm there.

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

those campuses all have significant expansion opportunity.

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

One of those campuses has the opportunity to go to, I would call almost unlimited because of where it's located, but it could go to many, many gigawatts.

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

But once I have those campuses in place, I will have a pipeline, if I do no new campuses, I'll have a pipeline to go to six, seven, eight gigawatts of data center capacity and

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

I think it's going to be much, much easier to expand at existing campuses than to get a new project approved in a new location and go through all of that again.

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

Now, again, I think we're pretty good at doing that.

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

I think there's some other companies that are pretty good at doing that, and so we'll keep pursuing that.

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

But if all of that does come to pass and I can at least get to, like I said, that five to eight campuses, I have such a runway in front of the company, has such a runway in front of it,

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

Just to expand those campuses, which will be much easier.

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

You're not trying to convince a new community the benefits.

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

You'll be in a community that has seen the benefits, that know what you get to do, what you bring.

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

And that's really what rolls around in my head as far as the strategy around that.

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

Absolutely.