jain.com

Total hosting capacity target

Company: Applied Digital

Subject kind
facility capacity
Statement date
2023-01-09
Promised amount
500.0 MW
Current status
stated

The claim, verbatim

Once facilities fully online, company will have nearly 500 megawatts of hosting capacity

Source (primary)

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

Quote: “Once fully online, we will have nearly 500MW of hosting capacity”

How we checked this

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

CEO Wes Cummins is quoted saying the company will have nearly 500MW of hosting capacity once fully online.

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/49/applied-digital-reports-fiscal-second-quarter-2023/) in full (25,971 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Earnings Release

Quote: “Once fully online, we will have nearly 500MW of hosting capacity”

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 2023-01-09.