Advanced lease talks with investment-grade hyperscaler for Polaris Forge 2
Company: Applied Digital
The claim, verbatim
Applied Digital is in advanced discussions with an investment-grade hyperscaler for Polaris Forge 2 and has aligned on many key lease terms. If executed, the customer would hold a right of first refusal on the full 1 GW, and the initial 200 MW would bring total leased capacity to 600 MW.
Source (primary)
applied-digital 8-K exhibit (apldq126earningsrelease.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-29)Live source ↗
Quote: “We are currently in advanced discussions with an investment-grade hyperscaler and have aligned on many of the key lease terms with them.”
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 (apldq126earningsrelease.htm)
Quote: “We are currently in advanced discussions with an investment-grade hyperscaler and have aligned on many of the key lease terms with them.”