jain.com

Funding need for ~800 MW

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 the company still needs funding for roughly 800 MW over the next 12 months.

Source (primary)

CoreWeave Has “a Sentiment Problem.” Its Landlord Applied Digital Has $11 Billion Riding on It - TIKR.com (-, news_article)
View cached copy (2026-11-11)Live source ↗Archive.org ↗

Quote: “CEO Wes Cummins said on CNBC on Nov. 2 that the company still needs funding for roughly 800 MW 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 CoreWeave Has “a Sentiment Problem.” Its Landlord Applied Digital Has $11 Billion Riding on It - TIKR.com

Quote: “CEO Wes Cummins said on CNBC on Nov. 2 that the company still needs funding for roughly 800 MW over the next 12 months.”

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