Two AI customer agreements worth up to $640M
Company: Applied Digital
The claim, verbatim
Applied Digital announced two AI customer agreements worth up to $640 million.
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-10-06)Live source ↗
Quote: “Our recent announcement of two AI customer agreements worth up to $640 million”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The CEO's quoted statement references the recent announcement of two AI customer agreements worth up to $640 million, and the release details them as $180 million and $460 million agreements.
Confirmed in the source:
- Applied Digital announced two AI customer agreements
- The two AI customer agreements are worth up to $640 million combined
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/news-events/press-releases/detail/66/applied-digital-reports-fiscal-fourth-quarter-and-full-year/) in full (23,127 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Earnings Release
Quote: “Our recent announcement of two AI customer agreements worth up to $640 million”