{"city":"Dallas","name":"Applied Digital","slug":"applied-digital","facts":[{"date":"2026-09-14","type":"revenue_band","value":"100-500m","source":"Applied Digital"},{"date":"2026-09-14","type":"contract","value":"1.4 GW of critical IT capacity under contract","source":"Applied Digital"},{"date":"2026-09-14","type":"contract","value":"210 MW lease at Delta Forge 2","source":"Applied Digital"},{"date":"2026-07-27","type":"contract","value":"Three new hyperscaler leases","source":"Applied Digital release"},{"date":"2026-07-27","type":"contract","value":"Contracted lease revenue","source":"Applied Digital release"},{"date":"2026-07-27","type":"contract","value":"1.4 GW contracted","source":"Applied Digital release"}],"peers":[],"stage":null,"state":"Texas","aliases":["APLD","Polaris Forge","Delta Forge"],"country":"United States","domains":[{"why":"Applied Digital develops and operates data center campuses and leases capacity to hyperscale and AI-compute customers, including CoreWeave.","list":null,"rank":null,"tier":"watchlist","layer":null,"total":81,"domain":"AI Core","scores":{"gate_ne":["firepower"],"leverage":10,"position":6,"progress":10,"firepower":8,"commercial":6,"deployment":10,"production":10,"technology":6},"edition":null,"segment":null}],"founded":null,"signals":[{"date":"2026-10-22","header":"Soluna and Applied Digital will build a 50MW data center at Soluna’s Dorothy 3 site in Texas.","outlet":"Data Center Dynamics"},{"date":"2026-10-08","header":"Alibaba Group and Applied Digital Corp announced new data-center investment plans in Finland.","outlet":"36Kr newsflashes"},{"date":"2026-10-05","header":"Applied Digital completed a second building at its Ellendale data center campus, adding 75MW of capacity.","outlet":"Data Center Dynamics"},{"date":"2026-09-14","header":"Applied Digital uses proprietary waterless cooling technology in its digital infrastructure.","outlet":"Applied Digital"},{"date":"2026-09-14","header":"Applied Digital reports 175 MW of live capacity and 1.4 GW of critical IT capacity under contract.","outlet":"Applied Digital"},{"date":"2026-09-14","header":"Applied Digital signed a 210 MW lease at Delta Forge 2.","outlet":"Applied Digital"}],"website":"applieddigital.com","category":"AI Infra · Data center build & operate","categories":[{"name":"Colocation & wholesale","domain":"AI Core","parent":"AI Infra · Data center build & operate"}],"last_round":null,"updated_at":"2026-10-25T23:16:48.240585+00:00","facts_total":13,"positioning":"Former crypto-mining site owner turned AI-factory developer in North Dakota and the South, with 1.4 GW of contracted IT load for CoreWeave and two hyperscalers financed by secured notes and Macquarie preferred equity.","sub_category":"Colocation & wholesale","signals_total":9,"url":"https://www.frontiertechintelligence.com/companies/applied-digital","title":"Applied Digital · ai core, Dallas, Texas, United States · scores, facts and signals · Frontier Tech Intelligence","description":"Applied Digital develops and operates data center campuses and leases capacity to hyperscale and AI-compute customers, including CoreWeave. AI Core watchlist (score 81) 9 signals and 13 facts with sources.","publisher":"Frontier Tech Intelligence (Future Frontiers, a trade name of Essential Cognition Inc.)","note":"Assessment by Frontier Tech Intelligence; facts and signals carry their sources."}