1.51 GW delivered by 2028
Company: Applied Digital
The claim, verbatim
Expects to deliver 1.51 GW of critical IT load, 1.41 GW fully contracted, all delivered by 2028; currently 100 MW operational.
Source (primary)
Investor Presentation (IR page (ir.applieddigital.com), ir_presentation)
View cached copy (2026-10-08)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 13, 2026. The cited source supports every part of this claim.
The presentation states the 1.51 GW and 1.41 GW contracted figures, says 'All delivered by 2028' with a 1,510 MW cumulative total in 2028, and says just 100 MW is operational today, though elsewhere it says only the 'majority' comes online by 2028.
Confirmed in the source:
- Applied Digital expects to deliver 1.51 GW of critical IT load
- 1.41 GW of that capacity is already fully contracted
- The capacity is shown as delivered by 2028 (the lease table says 'All delivered by 2028' and the capacity chart shows 1,510 MW cumulative in 2028)
- Applied Digital currently has 100 MW operational
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/_assets/_24468ca358d41940c79de4638f404931/appliedblockchaininc/db/2905/27269/pdf/APLD_INV_June2026_Updated-compressed.pdf) in full (47,679 characters, retrieved October 8, 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.”