CoreWeave 15-year leases at Polaris Forge 1
Company: Applied Digital
The claim, verbatim
Applied Digital secured long-term (15-year) leasing agreements with CoreWeave for its AI/HPC data center campus Polaris Forge 1, representing a total of $7 billion in contracted revenue.
Source (primary)
Applied Digital (APLD) Could Be 64% Undervalued As Analysts Split Ahead Of Earnings - Yahoo Finance (-, news_article)
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Quote: “The company has recently secured long-term (15-year) leasing agreements with CoreWeave, a major AI hyperscaler, for its purpose-built AI/HPC data center campus, Polaris Forge 1, representing a total of $7 billion in contracted revenue”
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Additional evidence
confirms Applied Digital (APLD) Could Be 64% Undervalued As Analysts Split Ahead Of Earnings - Yahoo Finance
Quote: “The company has recently secured long-term (15-year) leasing agreements with CoreWeave, a major AI hyperscaler, for its purpose-built AI/HPC data center campus, Polaris Forge 1, representing a total of $7 billion in contracted revenue”