Polaris Forge 1 phased rollout
Company: Applied Digital - Project: Polaris Forge 1
What the later record shows
Partly delivered
The first 100 MW building became operational in October 2025, and the first 150 MW building (Building 2) was delivered in two 75 MW phases on July 1 and October 1, 2026, both within the promised years. The third building (150 MW) is still under construction, with ready for service expected in calendar 2027.
“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 ↗
“Building 2 (150 MW) was delivered in two 75 MW phases, the first on July 1, 2026 and the second on October 1 subsequent to quarter end”
2026-10-07 · Earnings Release View cached copy (2026-10-08)Live source ↗
“Our third HPC building at our Polaris Forge 1 campus, which is expected to provide an additional 150MW of capacity, is currently under construction.”
2026-10-07 · View PDF 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
Polaris Forge 1 will see its first 100-megawatt facility operational in Q4 2025, with additional 150-megawatt facilities following in 2026 and 2027
Source (primary)
Applied Digital PRE 14A filed 2025-09-12 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “will see its first 100-megawatt facility operational in Q4 2025, with additional 150-megawatt facilities following in 2026 and 2027”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The CEO's letter in Applied Digital's 2025 preliminary proxy statement states this phased timeline for Polaris Forge 1 in nearly identical words. It is presented as a forward-looking plan, not a completed event.
Confirmed in the source:
- Applied Digital's proxy statement letter says Polaris Forge 1 will see its first 100-megawatt facility operational in Q4 2025
- The same letter says additional 150-megawatt facilities at Polaris Forge 1 will follow in 2026 and 2027
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000149315225013198/formpre14a.htm) in full (214,128 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital PRE 14A filed 2025-09-12
Quote: “will see its first 100-megawatt facility operational in Q4 2025, with additional 150-megawatt facilities following in 2026 and 2027”