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Polaris Forge 1 - 100 MW building completion

Company: Applied Digital - Project: Polaris Forge 1

Subject kind
facility timeline
Statement date
2025-10-09
Promised by
2025-12-31
Promised amount
100.0 MW
Current status
verified

What the later record shows

Delivered on time · happened October 31, 2025

The 100 MW building that was nearing completion was later reported as completed and operational, in October or November 2025 depending on the filing. Both dates are before the end-2025 target.

“The first lease is for the full capacity of Building 2, our 100 MW data center, which was completed and became operational in November 2025.”
2026-01-07 · Applied Digital 10-Q filed 2026-01-08 View cached copy (2026-08-31)Live source ↗
“The first 100 MW building at Polaris Forge 1 became operational in October 2025.”
2026-10-07 · Earnings Release View cached copy (2026-10-08)Live source ↗

Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

100 MW building at Polaris Forge 1 nearing completion, remains on time and on budget, with tenant fit-out initiated for CoreWeave

Source (primary)

Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-01)Live source ↗Archive.org ↗

Quote: “Nearing completion of our 100 MW building at Polaris Forge 1, which remains on time and on budget, while also initiating the tenant fit-out for CoreWeave.”

How we checked this

Checked on October 10, 2026. The cited source supports every part of this claim.

The release's Recent Highlights section states each of these points.

Confirmed in the source:

What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/news-events/press-releases/detail/131/applied-digital-reports-fiscal-first-quarter-2026-results/) in full (34,764 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Earnings Release

Quote: “Nearing completion of our 100 MW building at Polaris Forge 1, which remains on time and on budget, while also initiating the tenant fit-out for CoreWeave.”

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

confirms Applied Digital 10-Q filed 2026-01-08

Quote: “The first lease is for the full capacity of Building 2, our 100 MW data center, which was completed and became operational in November 2025.”

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

confirms Earnings Release

Quote: “The first 100 MW building at Polaris Forge 1 became operational in October 2025.”

View cached copy (2026-10-08)Live source ↗

Record of changes

September 2, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 3, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.