Applied Digital has made a significant strategic investment by leading a $25 million funding round for Corintis, a Swiss technology company developing microfluidic chip cooling solutions for high-performance computing and artificial intelligence environments. The funding increases Corintis’ total funding to $58 million and positions both companies to advance next-generation cooling technologies required for increasingly dense GPU systems.
Applied Digital, which designs and operates high-performance data centers optimized for artificial intelligence and compute-intensive workloads, said the investment aligns with its long-term strategy to strengthen leadership in power, cooling, efficiency, and infrastructure innovation across its nationwide campus portfolio. The company highlighted liquid cooling as essential to enabling ultra-high-density compute clusters and noted that its partnership with Corintis advances its role in shaping industry standards for next-generation data center design.
Corintis, headquartered in Lausanne with a new office opening in Bellevue, Washington, specializes in direct-to-chip liquid cooling that uses microfluidic engineering to deliver highly targeted thermal management. Its generative design and manufacturing platform enables cooling solutions that can be added as drop-in replacements for standard cold plates or integrated directly within GPUs. Corintis’ technology has shown the potential for up to three times lower temperatures compared to conventional cold plates, along with higher power densities, improved energy efficiency, and reduced environmental impact. The company said the new funding will support expansion of its United States presence, scaling of its global manufacturing footprint, and the acceleration of customer deployments.
The investment follows a series of major growth milestones for Applied Digital, including a long-term lease with a United States-based investment-grade hyperscaler at its Polaris Forge Two campus, 400 megawatts of lease agreements with CoreWeave at Polaris Forge One, and a $5 billion partnership with Macquarie Asset Management. These developments reflect the company’s rapid execution, continued expansion, and growing influence in the market for infrastructure supporting artificial intelligence and high-performance computing.
Corintis plans to deploy the new capital to expand manufacturing capabilities for its microfluidic cooling systems, enabling faster rollout to global customers and supporting the growing thermal requirements driven by the newest generation of powerful chips.
KEY QUOTES
“As a category leader in high-performance AI Factories, Applied Digital is further accelerating its leadership position through strategic investments in technologies that will set the industry’s pace and define the future. Our investment in Corintis, together with our investment strategy, ensures that Applied Digital remains at the forefront of data center innovation, from power and cooling to other critical systems that enhance performance, scalability, and efficiency across our campuses.”
Wes Cummins, Chairman and Chief Executive Officer of Applied Digital
“Applied Digital’s investment highlights the critical role of advanced cooling in unlocking the next wave of high-performance computing. Optimization of AI infrastructure requires a holistic approach from silicon to infrastructure. Our technology is designed to meet the thermal challenges of today’s most powerful chips and enable the next generation of high-density, energy-efficient computing in a sustainable way by supporting higher coolant temperatures and reducing fresh water consumption. Partnering with Applied Digital strengthens Corintis’ role as a bridge between these critical domains and accelerates the adoption of our microfluidic cooling technology at scale.”
Remco van Erp, Co-founder and Chief Executive Officer of Corintis
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