$450M allocated to Polaris Forge 2 buildout
Company: Applied Digital
The claim, verbatim
Of the $787.5 million funding from Macquarie Asset Management, $450 million will be allocated to complete the buildout of Polaris Forge 2 AI Factory campus in Harwood, North Dakota.
Source (primary)
applied-digital 8-K exhibit (ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-26)Live source ↗
Quote: “Of the anticipated funding, $450 million will be allocated toward completing the build-out of Polaris Forge 2, Applied Digital's AI Factory campus in Harwood, North Dakota.”
How we checked this
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Additional evidence
confirms applied-digital 8-K exhibit (ex99-1.htm)
Quote: “Of the anticipated funding, $450 million will be allocated toward completing the build-out of Polaris Forge 2, Applied Digital's AI Factory campus in Harwood, North Dakota.”