Project UpdateJul 1, 2026, 01:01 PM

Applied Digital Activates 75 MW AI Capacity at Polaris Forge 1

AI Summary

Applied Digital announced it has achieved "Ready for Service" for Phase 1 of Building 2 at its Polaris Forge 1 campus, delivering 75 MW of operational AI capacity to its customer on schedule. This milestone brings the total live capacity at the campus to 175 MW. The company highlighted its execution model and ability to bring critical AI infrastructure online in alignment with customer timelines, with Polaris Forge 1 ultimately contracted for 400 MW.

Key Highlights

Delivered 75 MW of operational AI capacity for Phase 1 of Building 2 at Polaris Forge 1.
Total live capacity at Polaris Forge 1 campus reached 175 MW.
Delivery was achieved on schedule for its customer.
Polaris Forge 1 is contracted to deliver 400 MW of critical IT load at full build-out.
This follows the on-time completion of the first 100 MW building at Polaris Forge 1.

View SEC Filing

APLD

Finance: Consumer Services

Applied Digital Corp.

Price Impact