Neocloud
Applied Digital: data centers, GPU pricing and funding
Designs, builds and operates AI and HPC data center campuses and leases the capacity to customers. Checked Oct 29, 2026.
What is Applied Digital?
- What it offers
- Designs, builds and operates AI and HPC data center campuses and leases the capacity to customers. Applied Digital
- Status
- Public: Nasdaq (APLD). Applied Digital
- Headquarters
- Dallas, Texas. Applied Digital
- Founded
- 2021. Applied Digital
How much does Applied Digital charge for GPUs?
The Census does not track public GPU prices for Applied Digital: it has no public per-GPU-hour price page the Census has confirmed. See GPU rental prices for the providers that do.
Where are Applied Digital’s data centers?
Tracked records
- Polaris Forge 1: Ellendale, ND, operating
Sites Applied Digital or its filings describe
- Polaris Forge 1, Ellendale, North Dakota: Operating; 175 MW live as of June 2026. Applied Digital (SEC 8-K)
- Polaris Forge 2, Harwood, North Dakota: Under construction, 200 MW of critical IT load planned. Applied Digital (SEC 8-K)
- Delta Forge 1, Boyce, Louisiana: 300 MW leased; initial operations expected in calendar 2027. Applied Digital (SEC 8-K)
How much capacity has Applied Digital announced?
- Leases representing about 1,410 MW of contracted critical IT load across five campuses. (Contracted critical IT load, 1.4 GW, as of May 31, 2026). Applied Digital (SEC 8-K)
- 175 MW live at Polaris Forge 1. (Live capacity, 175 MW, as of Jun 30, 2026). Applied Digital (SEC 8-K)
Figures are as the company states them. They may include planned or contracted capacity that is not yet operating.
What funding and contracts has Applied Digital announced?
| Date | Type | What was announced | Amount | Source |
|---|---|---|---|---|
| Debt | Private offering of $2.15 billion of senior secured notes due 2031 to fund 200 MW at Polaris Forge 2. | $2.2 billion | Applied Digital (SEC 8-K) | |
| Contract | Added a 150 MW CoreWeave lease at Polaris Forge 1, bringing anticipated contracted lease revenue to about $11 billion. | $11 billion | Applied Digital (SEC Ex. 99.1) |
Related: All neoclouds · GPU rental prices
Cite this page
Last updated Oct 29, 2026. Figures may change as records are updated — include the date you retrieved them.
| APA | Data Center Census. (2026). Applied Digital: data centers, GPU pricing and funding. Retrieved from https://datacentercensus.com/neoclouds/applied-digital |
|---|---|
| MLA | “Applied Digital: data centers, GPU pricing and funding.” Data Center Census, Oct 29, 2026, https://datacentercensus.com/neoclouds/applied-digital. |
| Link | https://datacentercensus.com/neoclouds/applied-digital |
Republishing a figure or table? Attribute it to Data Center Census with a link to this page. The underlying data is downloadable as JSON and CSV; the press kit has standing figures and contact details.