GPU deployment and revenue recognition status
Company: Applied Digital
The claim, verbatim
By May 31, 2024, received and deployed total of 6,144 GPUs; 4,096 GPUs actively recognizing revenue and 2,048 GPUs pending customer acceptance
Source (primary)
Applied Digital S-1 filed 2024-10-18 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “By May 31, 2024, we had received and deployed a total of 6,144 GPUs; 4,096 GPUs were actively recognizing revenue and 2,048 GPUs were pending customer acceptance to start revenue recognition.”
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 S-1 filed 2024-10-18
Quote: “By May 31, 2024, we had received and deployed a total of 6,144 GPUs; 4,096 GPUs were actively recognizing revenue and 2,048 GPUs were pending customer acceptance to start revenue recognition.”