jain.com

Machine learning application scaling

Company: Applied Digital

Subject kind
guidance
Statement date
2022-10-11
Promised by
2023-03-31
Current status
outcome unconfirmed

What the later record shows

Outcome not yet confirmed

Later passages describe a GPU cloud business rolling out 1,024-GPU clusters in 2024. None ties this to scaling the October 2022 machine-learning pilot or says it happened in early 2023.

Checked November 8, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

If successful, company expects to scale the machine learning project in early 2023

Source (primary)

Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-25)Live source ↗Archive.org ↗

Quote: “If successful we would expect to scale this project early next year”

How we checked this

Checked on October 12, 2026. The cited source supports every part of this claim.

The release, dated October 11, 2022, quotes the CEO saying that if the machine learning pilot succeeded the company would expect to scale it 'early next year,' meaning early 2023.

Confirmed in the source:

What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/news-events/press-releases/detail/42/applied-blockchain-reports-fiscal-first-quarter-2023/) in full (25,723 characters, retrieved September 25, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Earnings Release

Quote: “If successful we would expect to scale this project early next year”

View cached copy (2026-09-25)Live source ↗Archive.org ↗

Record of changes

September 25, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 26, 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.