During the company’s fourth-quarter earnings call, executives revealed that the credit quality of their AI infrastructure customers is already reducing borrowing costs, creating what could become a significant competitive advantage as the company builds more AI data centers.Better Customers, Cheaper CapitalApplied Digital has increasingly shifted its strategy toward leasing AI data centers directly to investment-grade hyperscalers rather than emerging AI model companies.CEO Wes Cummins said the approach was deliberate.
“We purposely avoided signing leases with large model companies because we thought there was significant risk around who the winner would be.”
