jain.com

CoreWeave lease for Polaris Forge 1

Company: Applied Digital

Subject kind
customer
Statement date
2025-10-21
Promised amount
400.0 MW
Current status
stated

The claim, verbatim

Signed three 15-year leases with CoreWeave for 400 MW of critical IT load at Polaris Forge 1, unlocking approximately $11 billion in anticipated aggregate contract value

Source (primary)

applied-digital 8-K exhibit (apld_invxfinalpresentati.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-27)Live source ↗

Quote: “Polaris Forge 1 – CoreWeave - Secured 3 leases for a combined 400 MWs — unlocking ~$11B in anticipated aggregated contract value over a 15-year horizon.”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms applied-digital 8-K exhibit (apld_invxfinalpresentati.htm)

Quote: “Polaris Forge 1 – CoreWeave - Secured 3 leases for a combined 400 MWs — unlocking ~$11B in anticipated aggregated contract value over a 15-year horizon.”

View cached copy (2026-09-27)Live source ↗