jain.com

Second 150MW facility at Polaris Forge 1 operational mid-2026

Company: Applied Digital - Project: Polaris Forge 1

Subject kind
facility timeline
Statement date
2025-07-30
Promised by
2026-06-30
Promised amount
150.0 MW
Current status
verified

What the later record shows

Delivered late · happened October 1, 2026

Building 2 (150 MW) came online in two phases: 75 MW on July 1, 2026 and the remaining 75 MW on October 1, 2026. The full 150 MW was therefore operational after the mid-2026 (June 30) target, and only half had been delivered on July 1.

“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 ↗
“On October 1, 2026, the Company achieved Ready for Service for the second 75 MW phase of Building 2 at Polaris Forge 1”
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

A second 150 megawatt HPC facility at Polaris Forge 1 is scheduled to come online in mid-2026.

Source (primary)

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

Quote: “a second 150 MW facility scheduled to come online in mid-2026”

How we checked this

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

The CEO's statement about Polaris Forge 1 says a second 150 MW facility is scheduled to come online in mid-2026.

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/126/applied-digital-reports-fiscal-fourth-quarter-and-full-year/) in full (41,830 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Earnings Release

Quote: “a second 150 MW facility scheduled to come online in mid-2026”

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

confirms Earnings Release

Quote: “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”

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 — outcome unconfirmed
Review. statement_date 2026-09-01 was the source's retrieval date; source published 2025-07-30.
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.