Applied Digital compute deals
Public agreements, delivery targets, and source evidence for Applied Digital.
Market overview
The commitments behind the buildout
Selected public agreements. Amounts follow the selected filters. Compute purchases and the facilities hosting them can describe the same capacity.
| Layer | Stated amount | Up to | More than |
|---|---|---|---|
| Compute purchases | — | — | — |
| IT power leases | — | — | — |
| Campus projects | — | — | — |
Upper limits are not firm commitments. Minimums are not exact totals. Each column stands alone; the three layers must not be added together.
Compute purchase agreements
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Stated contract values, over their full terms
Additional upper-limit values
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Additional minimum values
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0 agreements with comparable USD values. Excludes financing, construction budgets, monthly fees, and overlapping contract updates. These are purchase commitments, not annual capital expenditure.
Compare buyers · 1 companies
| Buyer / developer | Agreements | Compute: stated | Compute: up to | Compute: over | Dated targets |
|---|---|---|---|---|---|
| Applied Digital | 1 | — | — | — | 1 of 1 |
Time to Power
When is capacity expected?
1 dated targets · 0 without a first-capacity window
0 elapsed targets await delivery evidence
Delivery confirmation is still needed for these records. An elapsed target alone does not establish a delay.
Actual time to power: not established
Company targets describe expected availability. Measured time to power requires a dated start and site-level energization evidence.
2028
14–27 months away
Finland · Initial power availability anticipated beginning in 2028
First power · A first phase may cover only part of the agreement.
How to read these dates and figures
Dates are the original announced windows. A vague year keeps a full-year range; construction completion and equipment release dates are excluded. 0 announcements disclose no MW allocation. 1 quantified records are excluded from capacity comparisons because their scope is not comparable or overlaps. Export the CSV for the source, quantity terms, and inclusion basis of each agreement.
1 announcement
| Announced | Buyer / partner | Value | Capacity | Location / timing | Details |
|---|---|---|---|---|---|
| Oct 6, 2026 | Applied Digital Applied Digital Campus build | Undisclosed | Up to 1 GW Potential power capacity access for a planned campus; site details and customer allocations are not disclosed | Finland Initial power availability anticipated beginning in 2028 14–27 months to target | Build announcedDeal detailsApplied Digital says an agreement provides access to up to 1 GW of potential power capacity and that it plans an AI Factory campus of that scale. Initial power availability is anticipated beginning in 2028. The company is marketing the site and discussing potential customers; this is not a customer lease, contracted IT load, or delivered capacity. The target is a company forecast, not energization evidence. Applied Digital Finland development announcement ↗Assess this deal |