jain.com

Path to 3 GW contracted power by 2031

Company: Applied Digital

Subject kind
guidance
Statement date
2026-08-24
Promised by
2031-12-31
Promised amount
3.0 GW
Current status
stated

The claim, verbatim

Applied Digital management has outlined a path to 3 gigawatts of contracted power by 2031, assuming the company can lease at least 500 megawatts annually

Source (primary)

Applied Digital's 1.4 GW Power Lead Gives It an Edge Over TeraWulf, CoreWeave - finance.biggo.com (-, news_article)
View cached copy (2026-09-01)Live source ↗

Quote: “management has outlined a path to 3 gigawatts of contracted power by 2031, assuming it can lease at least 500 megawatts annually”

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 1.4 GW Power Lead Gives It an Edge Over TeraWulf, CoreWeave - finance.biggo.com

Quote: “management has outlined a path to 3 gigawatts of contracted power by 2031, assuming it can lease at least 500 megawatts annually”

View cached copy (2026-09-01)Live source ↗