Applied Digital and Nebius are two companies in the rapidly growing artificial intelligence market. Applied Digital focuses on building data center campuses for cloud, AI, and HPC companies, while Nebius provides customized AI infrastructure services for various industries. Both stocks have more than tripled in the past year. Applied Digital recently launched a new subsidiary, Sai Computing, and plans to spin off its cloud computing business. Nebius, on the other hand, has secured big contracts from tech giants like Microsoft and Meta Platforms. Analysts expect both companies to see significant revenue growth in the coming years. In terms of growth rates, valuation, and future plans, Nebius appears to be the better buy compared to Applied Digital.

Read more at Nasdaq: Better Artificial Intelligence Stock: Applied Digital vs. Nebius