jain.com

1.8GW hosting capacity target by May 2024

Company: Applied Digital

Subject kind
guidance
Statement date
2022-03-27
Promised by
2024-05-31
Promised amount
1800.0 MW
Current status
outcome unconfirmed

What the later record shows

Outcome not yet confirmed

None of the passages state how much hosting capacity was online by May 2024.

Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

Company targeting 1.8GW of hosting capacity online by May 2024

Source (primary)

Applied Digital S-1/A filed 2022-03-28 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “We are targeting bringing 800MW online by May 2023, 1.8GW by May 2024 and 5GW over the next five years”

How we checked this

Checked on October 11, 2026. The cited source supports every part of this claim.

In the Hosting Operation section, the filing states the company is targeting 1.8GW online by May 2024.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000110465922038726/tm2132377-17_s1a.htm) in full (562,281 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital S-1/A filed 2022-03-28

Quote: “We are targeting bringing 800MW online by May 2023, 1.8GW by May 2024 and 5GW over the next five years”

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

Record of changes

September 14, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 15, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.