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Jamestown GPU facility construction

Company: Applied Digital - Project: Jamestown

Subject kind
facility timeline
Statement date
2023-05-15
Promised amount
5.0 MW
Current status
stated

The claim, verbatim

5 MW GPU facility designed for graphics processing units and high-performance computing applications began construction December 14, 2022 at Jamestown

Source (primary)

Applied Digital 424B3 filed 2023-05-16 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “On December 14, 2022, the Company began construction of its latest specialized processing center, a 5 MW facility next to the Company's currently operating 100-MW hosting facility in Jamestown, North Dakota. This separate and unique building, designed and purpose-built for Graphics Processing Units ("GPUs"), will sit separate from the Company's current buildings and plans to host more traditional high performance computing ("HPC") applications.”

How we checked this

Checked on September 21, 2026. The cited source supports every part of this claim.

The document states the December 14, 2022 construction start of the 5 MW Jamestown GPU/HPC facility.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000114487923000134/apld-424b3finalprospectus0.htm) in full (53,370 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital 424B3 filed 2023-05-16

Quote: “On December 14, 2022, the Company began construction of its latest specialized processing center, a 5 MW facility next to the Company's currently operating 100-MW hosting facility in Jamestown, North Dakota. This separate and unique building, designed and purpose-built for Graphics Processing Units ("GPUs"), will sit separate from the Company's current buildings and plans to host more traditional high performance computing ("HPC") applications.”

View cached copy (2026-09-13)Live source ↗