Character AI execution and expansion
Company: Applied Digital
The claim, verbatim
Character AI executed its option for the full $180 million contract and added an additional option for another $180 million in capacity.
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-25)Live source ↗Archive.org ↗
Quote: “This customer executed its option for the full $180 million contract and added an additional option for another $180 million in capacity, doubling the potential value of this initial contract.”
How we checked this
Checked on October 12, 2026. The cited source supports every part of this claim.
The release says 'this customer', referring to Character A.I. from the preceding sentences, exercised the full $180 million and added another $180 million option.
Confirmed in the source:
- Character A.I. executed its option for the full $180 million contract
- Character A.I. added an additional option for another $180 million in capacity
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/news-events/press-releases/detail/66/applied-digital-reports-fiscal-fourth-quarter-and-full-year/) in full (23,127 characters, retrieved September 25, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Earnings Release
Quote: “This customer executed its option for the full $180 million contract and added an additional option for another $180 million in capacity, doubling the potential value of this initial contract.”