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CoreWeave 400 MW Polaris Forge 1 contract

Company: Applied Digital - Project: Polaris Forge 1

Subject kind
customer
Statement date
2026-08-13
Promised amount
11000000000.0 USD
Current status
stated

The claim, verbatim

CoreWeave has contracted 400 MW at Polaris Forge 1, representing approximately $11 billion of prospective lease revenue over the lease terms

Source (primary)

AI Data Center Stocks Rally: Why CRWV, NBIS, IREN and APLD Are Surging Together - MEXC (-, news_article)
View cached copy (2026-08-31)Live source ↗

Quote: “CoreWeave has contracted 400 MW at the campus, representing approximately $11 billion of prospective lease revenue over the lease terms”

How we checked this

Attempted on September 14, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of the publisher (https://www.mexc.co/crypto-pulse/article/ai-data-center-stocks-rally-138396) in full (33,450 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms AI Data Center Stocks Rally: Why CRWV, NBIS, IREN and APLD Are Surging Together - MEXC

Quote: “CoreWeave has contracted 400 MW at the campus, representing approximately $11 billion of prospective lease revenue over the lease terms”

View cached copy (2026-08-31)Live source ↗