CoreWeave and hyperscaler leases
Company: Applied Digital
The claim, verbatim
One Applied Digital campus is leased to CoreWeave, while others are leased to unnamed investment-grade hyperscalers.
Source (primary)
Can Applied Digital (NASDAQ:APLD) Ride Data Center Demand To Fresh Records? - Kalkine Media (-, news_article)
View cached copy (2026-11-09)Live source ↗Archive.org ↗
Quote: “One campus is leased to CoreWeave, an AI cloud provider, while others are leased to capital spending-grade hyperscalers that the release does not identify by name”
How we checked this
Checked on November 10, 2026. The cited source supports part of this claim, but not all of it.
The article confirms the CoreWeave lease and unnamed hyperscaler tenants, but it does not describe those hyperscalers as investment-grade.
Confirmed in the source:
- One Applied Digital campus is leased to CoreWeave
- Other Applied Digital campuses are leased to hyperscalers that are not named
We could not confirm this from the cited source:
- The unnamed hyperscaler tenants are investment-grade (the article's wording is 'capital spending-grade', not 'investment-grade')
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of the publisher (https://kalkinemedia.com/us/stocks/artificial-intelligence/can-applied-digital-nasdaqapld-ride-data-center-demand-to-fresh-records) in full (23,068 characters, retrieved November 9, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Can Applied Digital (NASDAQ:APLD) Ride Data Center Demand To Fresh Records? - Kalkine Media
Quote: “One campus is leased to CoreWeave, an AI cloud provider, while others are leased to capital spending-grade hyperscalers that the release does not identify by name”