Phase I Tranche pricing
Company: Applied Digital
The claim, verbatim
Applied Digital set pricing at $1.99 per GPU per hour for Phase I Tranche with total contract value of $35,701,555.20.
Source (primary)
Applied Digital Corporation v. Character Technologies, Inc. — Entry #38 (RECAP, court_filing)
View cached copy (2026-09-09)Live source ↗
Quote: “Applied Digital alleges that Character Tech. agreed to pay usage fees of $1.99 per GPU per hour, with a total contract value for Phase I Tranche of $35,701,555.20.”
How we checked this
Checked on October 11, 2026. The cited source supports part of this claim, but not all of it.
The opinion reports these figures only as Applied Digital's allegation, not as findings or undisputed terms.
Confirmed in the source:
- Applied Digital alleges that Character Tech. agreed to pay usage fees of $1.99 per GPU per hour
- Applied Digital alleges the total contract value for the Phase I Tranche was $35,701,555.20
We could not confirm this from the cited source:
- That this pricing and total value are established fact rather than Applied Digital's allegation
- That Applied Digital 'set' the pricing; the opinion describes it only as an amount Character Tech. allegedly agreed to pay
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 RECAP (https://archive.org/download/gov.uscourts.ded.90000/gov.uscourts.ded.90000.38.0.pdf) in full (48,875 characters, retrieved September 9, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital Corporation v. Character Technologies, Inc. — Entry #38
Quote: “Applied Digital alleges that Character Tech. agreed to pay usage fees of $1.99 per GPU per hour, with a total contract value for Phase I Tranche of $35,701,555.20.”