Polaris Forge 1 and 2 fully funded
Company: Applied Digital - Project: Polaris Forge 2
The claim, verbatim
The full 400 MW CoreWeave campus at Polaris Forge 1 and the 200 MW contracted capacity at Polaris Forge 2 are fully funded.
Source (primary)
Applied Digital Q1 Earnings Call Highlights - Yahoo Finance (-, news_article)
View cached copy (2026-10-09)Live source ↗Archive.org ↗
Quote: “the full 400 MW CoreWeave campus at Polaris Forge 1 and the 200 MW of contracted capacity at Polaris Forge 2 are fully funded”
How we checked this
Checked on October 14, 2026. The cited source supports every part of this claim.
CFO Saidal Mohmand is reported as saying the financing fully funds both the 400 MW Polaris Forge 1 campus and the 200 MW contracted at Polaris Forge 2.
Confirmed in the source:
- The full 400 MW CoreWeave campus at Polaris Forge 1 is fully funded
- The 200 MW of contracted capacity at Polaris Forge 2 is fully funded
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/applied-digital-q1-earnings-call-000214656.html) in full (15,656 characters, retrieved October 9, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital Q1 Earnings Call Highlights - Yahoo Finance
Quote: “the full 400 MW CoreWeave campus at Polaris Forge 1 and the 200 MW of contracted capacity at Polaris Forge 2 are fully funded”