Polaris Forge 1 at 100 MW for CoreWeave
Company: Applied Digital - Project: Polaris Forge 1
The claim, verbatim
Polaris Forge 1 is fully operational at 100 MW for CoreWeave and contributed $71 million in HPC hosting revenue in Q3 FY2026
Source (primary)
TeraWulf Drops 4% on Profit Taking After a 44% YTD Run; Applied Digital Falls 3%, IREN Pulls Back - 24/7 Wall St. (-, news_article)
View cached copy (2026-09-11)Live source ↗Archive.org ↗
Quote: “Applied Digital's Polaris Forge 1 is fully operational at 100 MW for CoreWeave and contributed $71 million in HPC hosting revenue last quarter”
How we checked this
Checked on September 20, 2026. The cited source supports every part of this claim.
The document describes Polaris Forge 1 as fully operational at 100 MW for CoreWeave contributing $71 million last quarter, which it identifies as Applied Digital's Q3 FY2026 report.
Confirmed in the source:
- Applied Digital's Polaris Forge 1 is fully operational at 100 MW for CoreWeave
- Polaris Forge 1 contributed $71 million in HPC hosting revenue in Q3 FY2026
What we did: Read our cached copy of the publisher (https://247wallst.com/investing/2026/09/10/terawulf-drops-4-on-profit-taking-after-a-44-ytd-run-applied-digital-falls-3-iren-pulls-back/) in full (11,900 characters, retrieved September 11, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf Drops 4% on Profit Taking After a 44% YTD Run; Applied Digital Falls 3%, IREN Pulls Back - 24/7 Wall St.
Quote: “Applied Digital's Polaris Forge 1 is fully operational at 100 MW for CoreWeave and contributed $71 million in HPC hosting revenue last quarter”