Dallas-based Applied Digital has named co-founder and current chief strategy officer, Jason Zhang, as the company’s president. The company is a designer, builder, and operator of high-performance, sustainably engineered data centers and colocation services for artificial intelligence, cloud, networking, and blockchain workloads,
As one of the founders of Applied Digital, Zhang has been a crucial part of the company’s innovation, working closely with co-founder Wes Cummins. The appointment continues the role Zhang has long played in helping shape the company’s strategy and long-term growth trajectory. As president, Zhang will continue to partner with Cummins (who remains as chairman and CEO) to chart the company’s course as it advances through the next phase of AI infrastructure growth, Applied Digital said.
“Since the company’s inception, Jason has been an invaluable leader within Applied Digital, demonstrating exceptional strategic acumen and an unwavering commitment to carrying out our mission while charting a rapid period of growth,” Wes Cummins, chairman and CEO of Applied Digital, said in a statement. “From the very beginning, he has helped guide the company’s direction and long-term vision. I look forward to our continued collaboration as we scale the business and advance the next phase of Applied Digital’s growth.”
Zhang most recently served as the company’s chief strategy officer since August 2025. A seasoned tech investor, he founded Valuefinder in 2019, an investment and advisory firm focused on technology companies. Prior to that, he was on the investment team at Sequoia Capital, where he focused on AI, blockchain, digital infrastructure, enterprise software, consumer internet, and hardware investments. He was previously on the investment team at MSD Capital, where he focused on both private and public investments.
“I am honored to take on the role of President at such a momentous and exciting time for the company,” said Jason Zhang. “I look forward to continuing to partner closely with Wes and the entire team to build on our strong foundation and leadership position as we scale high-performance AI infrastructure with focus and discipline.”
Just last month, Applied Digital announced that it is the lead investor in a new $25 million funding round for Switzerland-based Corintis. The Swiss company, which plans to open an office in Bellevue, Washington, is developing advanced chip-cooling solutions designed to significantly improve efficiency and power density in data centers running the most demanding AI workloads, Applied noted.
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