AI factories on five campuses in two geographic regions
Company: Applied Digital
The claim, verbatim
Company is developing Artificial Intelligence (AI) factories on five campuses in two distinct geographic regions of the country
Source (primary)
Five leases lifted Applied Digital (APLD)'s initial-term contracted revenue beyond $7 billion. - Stock Titan (-, news_article)
View cached copy (2026-09-26)Live source ↗Archive.org ↗
Quote: “We are now developing Artificial Intelligence (AI) factories on five campuses in two distinct geographic regions of the country with significant opportunity for expansion on each of the campuses”
How we checked this
Checked on September 28, 2026. The cited source supports every part of this claim.
The CEO's letter to stockholders states this directly.
Confirmed in the source:
- Applied Digital is developing AI factories on five campuses
- The five campuses are in two distinct geographic regions of the country
What we did: Read our cached copy of the publisher (https://www.stocktitan.net/sec-filings/APLD/def-14a-applied-digital-corp-definitive-proxy-statement-295e8d7c8256.html) in full (290,241 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Five leases lifted Applied Digital (APLD)'s initial-term contracted revenue beyond $7 billion. - Stock Titan
Quote: “We are now developing Artificial Intelligence (AI) factories on five campuses in two distinct geographic regions of the country with significant opportunity for expansion on each of the campuses”