1.51 GW critical IT by 2028
Company: Applied Digital
The claim, verbatim
Expects to deliver 1.51 GW of critical IT load (1.41 GW fully contracted), majority online by 2028; currently 100 MW operational.
Source (primary)
Investor Presentation (IR page (ir.applieddigital.com), ir_presentation)
View cached copy (2026-10-06)Live source ↗Archive.org ↗
Quote: “Expected to deliver 1.51 GW of critical IT load — of which 1.41 GW is already fully contracted — with the majority coming online by 2028.”
How we checked this
Checked on October 7, 2026. The cited source supports every part of this claim.
The presentation states the 1.51 GW target, the 1.41 GW contracted figure and the 2028 timing. It also says 'today we have just 100 MW operational.'
Confirmed in the source:
- Applied Digital expects to deliver 1.51 GW of critical IT load
- 1.41 GW of that load is already fully contracted
- The majority is expected to come online by 2028
- Only 100 MW is currently operational
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/_assets/_2ca3a6fc58e47f662a7c51ed55b80806/appliedblockchaininc/db/2905/27269/pdf/APLD_INV_June2026_Updated-compressed.pdf) in full (47,679 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Investor Presentation
Quote: “Expected to deliver 1.51 GW of critical IT load — of which 1.41 GW is already fully contracted — with the majority coming online by 2028.”