Applied Digital / Jamestown / North Dakota / US
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Jamestown, North Dakota, US
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This operator sells space and power, not GPU-hours. No price on GPUQuant refers to it.
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Buys Datacenter leases at Polaris Forge 1
On August 28, 2025, our subsidiary APLD ELN-02 C LLC entered into a third lease (the “Building 4 Lease”) with CoreWeave for an additional 150 MW, bringing the total contracted capacity at Polaris Forge 1 under our CoreWeave leases to 400 MW.
Applied Digital Corp. Form 10-K for fiscal year ended May 31, 2026 · Applied Digital Corp. · read 2026-09-11
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The next-generation datacenter marks the second facility within the state, following the successful 100MW facility in Jamestown, North Dakota that opened earlier this year.
Once fully energized, this location will bring the Company to 280MW of total hosting capacity across its facilities in North Dakota, all of which are contracted out to customers on multi-year terms.
The Company intends to use the loan, which has a 5-year term, to support its operations at the standalone data center, which will house graphics processing units (GPUs) and support various HPC/AI applications.
With state-of-the-art operations in Jamestown and Ellendale, North Dakota is at the forefront of high-performance computing (HPC) and AI innovation.