1.41 GW of long-term leases, ~$36B committed revenue
Company: Applied Digital
The claim, verbatim
Applied Digital has reported long-term leases covering roughly 1.41 GW of critical IT load, representing about $36 billion in committed revenue over their base terms.
Source (primary)
Applied Digital's Debt-Funded AI Expansion Meets a Nervous Credit Market - ad-hoc-news.de (-, news_article)
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Quote: “Applied Digital has reported long-term leases covering roughly 1.41 gigawatts of critical IT load, contracts that represent about $36 billion in committed revenue over their base terms.”
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Additional evidence
confirms Applied Digital's Debt-Funded AI Expansion Meets a Nervous Credit Market - ad-hoc-news.de
Quote: “Applied Digital has reported long-term leases covering roughly 1.41 gigawatts of critical IT load, contracts that represent about $36 billion in committed revenue over their base terms.”