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Polaris Forge 2 investment

Company: Applied Digital - Project: Polaris Forge 2

Subject kind
financing
Statement date
2025-09-11
Promised amount
3000000000.0 USD
Current status
stated

The claim, verbatim

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

Source (primary)

Applied Digital PRE 14A filed 2025-09-12 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

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

How we checked this

Attempted on September 17, 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 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: “a $3 billion, AI Factory with 200 megawatts of critical IT load near Harwood, North Dakota”

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