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CoreWeave 15-year leases at Polaris Forge 1

Company: Applied Digital

Subject kind
customer
Statement date
2026-10-28
Promised amount
7000000000.0 USD
Current status
stated

The claim, verbatim

Applied Digital secured 15-year leasing agreements with CoreWeave for its Polaris Forge 1 AI/HPC data center campus, totaling $7 billion in contracted revenue.

Source (primary)

Applied Digital (APLD) Shares Climbed, What Is Behind The Latest Attention? - Yahoo Finance (-, news_article)
View cached copy (2026-10-29)Live source ↗

Quote: “The company has recently secured long term (15 year) leasing agreements with CoreWeave, a major AI hyperscaler, for its purpose built AI/HPC data center campus, Polaris Forge 1, representing a total of $7 billion in contracted revenue”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Applied Digital (APLD) Shares Climbed, What Is Behind The Latest Attention? - Yahoo Finance

Quote: “The company has recently secured long term (15 year) leasing agreements with CoreWeave, a major AI hyperscaler, for its purpose built AI/HPC data center campus, Polaris Forge 1, representing a total of $7 billion in contracted revenue”

View cached copy (2026-10-29)Live source ↗