jain.com

~800 MW of capacity still to be financed within 12 months

Company: Applied Digital

Subject kind
financing
Statement date
2026-11-02
Promised by
2027-11-02
Promised amount
800.0 MW
Current status
stated

The claim, verbatim

CEO Wes Cummins said Applied Digital still needs to finance about 800 MW of data center capacity over the next 12 months.

Source (primary)

Applied Digital Slumps 8% as CEO Says 800 MW Still Needs Financing; Nebius and CoreWeave Fall 6% - Yahoo Finance (-, news_article)
View cached copy (2026-11-03)Live source ↗Archive.org ↗

Quote: “the company still needs to finance about 800 megawatts (MW) of data center capacity over the next 12 months”

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 Slumps 8% as CEO Says 800 MW Still Needs Financing; Nebius and CoreWeave Fall 6% - Yahoo Finance

Quote: “the company still needs to finance about 800 megawatts (MW) of data center capacity over the next 12 months”

View cached copy (2026-11-03)Live source ↗Archive.org ↗