Cumulative contracted lease revenue across five campuses
Company: Applied Digital
The claim, verbatim
Applied Digital's cumulative contracted base-term lease revenue across five AI factory campuses has reached $36 billion, or $86 billion including all renewal options
Source (primary)
Tiger Global Takes New Position In Applied Digital (NASDAQ: APLD) As AI Data Center Demand Surges - foreignpolicyjournal.com (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “Applied Digital's cumulative contracted base-term lease revenue has now reached $36 billion across five campuses, or $86 billion when all renewal options are included”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document states cumulative contracted base-term lease revenue reached $36 billion across five campuses, or $86 billion with all renewals.
Confirmed in the source:
- Applied Digital's cumulative contracted base-term lease revenue has reached $36 billion across five campuses
- The cumulative figure reaches $86 billion when all renewal options are included
What we did: Read our cached copy of the publisher (https://www.foreignpolicyjournal.com/2026/08/20/tiger-global-takes-new-position-in-applied-digital-nasdaq-apld-as-ai-data-center-demand-surges/) in full (3,156 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Tiger Global Takes New Position In Applied Digital (NASDAQ: APLD) As AI Data Center Demand Surges - foreignpolicyjournal.com
Quote: “Applied Digital's cumulative contracted base-term lease revenue has now reached $36 billion across five campuses, or $86 billion when all renewal options are included”