Contracted data center capacity deployment
Company: Applied Digital
The claim, verbatim
Applied Digital has 1,410 MW of contracted critical IT load valued at approximately $36.2 billion, with delivery of major portions starting in 2027 and 2028
Source (primary)
Hut 8 vs Applied Digital and Why 96 Percent of Hut 8's AI Revenue Is Internal - Phemex (-, news_article)
View cached copy (2026-09-23)Live source ↗
Quote: “Applied Digital reported approximately $36.2 billion across about 1,410 MW of contracted critical IT load at 31 May 2026. Delivery on the largest pieces starts in 2027 and 2028”
How we checked this
Checked on September 27, 2026. The cited source supports every part of this claim.
The article states that Applied Digital reported approximately $36.2 billion across about 1,410 MW of contracted critical IT load at 31 May 2026. It also says delivery on the largest pieces starts in 2027 and 2028. The source gives the capacity as approximate ('about 1,410 MW') and dates it to 31 May 2026.
Confirmed in the source:
- Applied Digital reported about 1,410 MW of contracted critical IT load as of 31 May 2026
- Applied Digital valued that contracted capacity at approximately $36.2 billion
- Delivery on the largest portions of the contracted leases starts in 2027 and 2028
What we did: Read our cached copy of the publisher (https://phemex.com/academy/hut-8-vs-applied-digital-ai-revenue) in full (15,917 characters, retrieved September 23, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Hut 8 vs Applied Digital and Why 96 Percent of Hut 8's AI Revenue Is Internal - Phemex
Quote: “Applied Digital reported approximately $36.2 billion across about 1,410 MW of contracted critical IT load at 31 May 2026. Delivery on the largest pieces starts in 2027 and 2028”