~$36B contracted AI leases covering ~1.41 GW
Company: Applied Digital
The claim, verbatim
Revenue is anchored by roughly US$36 billion of long-dated, largely take-or-pay AI leases covering about 1.41 GW of IT load.
Source (primary)
Applied Digital (APLD) Stock Revenue Surge Clashes With Deepening Losses - Simply Wall Street (-, news_article)
View cached copy (2026-10-15)Live source ↗Archive.org ↗
Quote: “anchored by roughly US$36b of long dated, largely take or pay AI leases covering about 1.41 GW of IT load”
How we checked this
Checked on October 16, 2026. The cited source supports every part of this claim.
The article says revenue is now anchored by roughly US$36b of long-dated, largely take-or-pay AI leases covering about 1.41 GW of IT load.
Confirmed in the source:
- Applied Digital's revenue is anchored by roughly US$36 billion of AI leases
- The leases are long-dated and largely take-or-pay
- The leases cover about 1.41 GW of IT load
What we did: Read our cached copy of the publisher (https://simplywall.st/stocks/us/software/nasdaq-apld/applied-digital/news/applied-digital-apld-stock-revenue-surge-clashes-with-deepen) in full (14,647 characters, retrieved October 15, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital (APLD) Stock Revenue Surge Clashes With Deepening Losses - Simply Wall Street
Quote: “anchored by roughly US$36b of long dated, largely take or pay AI leases covering about 1.41 GW of IT load”