CoreWeave lease at Polaris Forge 1
Company: Applied Digital - Project: Polaris Forge 1
The claim, verbatim
In May 2025 Applied Digital signed its first lease with CoreWeave, covering the first two buildings at Polaris Forge 1 in Ellendale.
Source (primary)
Applied Digital Ends the Quarter With $36 Billion in Contracted Revenue as AI Moat Widens - Yahoo Finance (-, news_article)
View cached copy (2026-10-12)Live source ↗Archive.org ↗
Quote: “In May 2025, Applied Digital signed its first lease with CoreWeave (CRWV), which covered the first two buildings at Polaris Forge 1 in Ellendale.”
How we checked this
Checked on October 15, 2026. The cited source supports every part of this claim.
The article states each element of this claim directly.
Confirmed in the source:
- Applied Digital signed its first lease with CoreWeave in May 2025
- The lease covered the first two buildings at Polaris Forge 1
- Polaris Forge 1 is in Ellendale
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/technology/ai/articles/applied-digital-ends-quarter-36-193002231.html) in full (13,480 characters, retrieved October 12, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital Ends the Quarter With $36 Billion in Contracted Revenue as AI Moat Widens - Yahoo Finance
Quote: “In May 2025, Applied Digital signed its first lease with CoreWeave (CRWV), which covered the first two buildings at Polaris Forge 1 in Ellendale.”