jain.com

Polaris Forge 2 construction investment

Company: Applied Digital - Project: Polaris Forge 2

Subject kind
financing
Statement date
2025-09-22
Promised amount
3000000000.0 USD
Current status
stated

The claim, verbatim

Polaris Forge 2 is a $3 billion AI Factory with 200 megawatts of critical IT load near Harwood, North Dakota

Source (primary)

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

Quote: “Polaris Forge 2, a $3 billion, AI Factory with 200 megawatts of critical IT load near Harwood, North Dakota”

How we checked this

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

The letter describes Polaris Forge 2 as a $3 billion AI Factory with 200 megawatts of critical IT load near Harwood, North Dakota.

Confirmed in the source:

What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/sec-filings/all-sec-filings/content/0001493152-25-014495/0001493152-25-014495.pdf) in full (206,490 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms View PDF

Quote: “Polaris Forge 2, a $3 billion, AI Factory with 200 megawatts of critical IT load near Harwood, North Dakota”

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

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.
October 9, 2026 — stated
Review. statement_date 2026-09-01 was the source's retrieval date; source published 2025-09-22.