jain.com

Applied Digital $3.6 billion AI data center investment

Company: Applied Digital - Project: Delta Forge 1

Subject kind
financing
Statement date
2026-09-21
Promised amount
3.6 billion USD
Current status
stated

The claim, verbatim

Applied Digital is developing a $3.6 billion AI data center in Rapides Parish

Source (primary)

Cleco Power to get expedited review for Applied Digital power project - 10/12 Industry Report (-, news_article)
View cached copy (2026-09-22)Live source ↗

Quote: “$3.6 billion AI data center in Rapides Parish”

How we checked this

Checked on September 26, 2026. The cited source supports every part of this claim.

The article describes 'Applied Digital's $3.6 billion AI data center in Rapides Parish,' a project expected to grow through 2028.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://www.1012industryreport.com/technology/ai/ceco-power-to-get-expedited-review-for-applied-digital-power-project/) in full (2,122 characters, retrieved September 22, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Cleco Power to get expedited review for Applied Digital power project - 10/12 Industry Report

Quote: “$3.6 billion AI data center in Rapides Parish”

View cached copy (2026-09-22)Live source ↗