Applied Digital and EKSO to Launch ChronoScale Through Cloud Business Combination
Applied Digital is spinning out its cloud computing business and proposing a business combination with EKSO Bionics Holdings to form ChronoScale Corporation. This new entity will focus on delivering accelerated compute platforms designed to support next-generation artificial intelligence workloads. Applied Digital will own approximately 97% of ChronoScale, which aims to address the growing demand for GPU-accelerated cloud infrastructure. The transaction is expected to close in the first half of 2026, with both Applied Digital Cloud and EKSO continuing their operations post-transaction.