CoreWeave 15-year leases at Polaris Forge 1, $7B
Company: Applied Digital
The claim, verbatim
Applied Digital has secured 15-year leasing agreements with CoreWeave for its Polaris Forge 1 campus, representing about $7 billion in total contracted revenue.
Source (primary)
Applied Digital (APLD) Completes Polaris Forge 1 Expansion, Is The Valuation Gap Too Wide? - simplywall.st (-, news_article)
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Quote: “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”
How we checked this
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Additional evidence
confirms Applied Digital (APLD) Completes Polaris Forge 1 Expansion, Is The Valuation Gap Too Wide? - simplywall.st
Quote: “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”