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Applied Digital (Nasdaq: APLD) designs, builds, and operates large-scale data center campuses in North America, leasing critical IT load and colocation-style hosting capacity to hyperscale AI, HPC, and blockchain customers rather than running its own compute business at most sites. As of 2026 its confirmed physical footprint centers on North Dakota, where it operates the Polaris Forge 1 campus in Ellendale (leased to CoreWeave) and a Jamestown hosting facility, is building the 280MW Polaris Forge 2 campus near Harwood (leased to Oracle), and is developing the $3.6 billion, 430MW Delta Forge 1 AI Factory campus in Rapides Parish, Louisiana. The company previously operated a 200MW campus in Garden City, Texas, which it sold to Marathon Digital Holdings in 2024 to focus resources on its North Dakota AI infrastructure. Applied Digital, founded in 2021 as Applied Blockchain and headquartered in Dallas, Texas, markets a proprietary waterless/closed-loop cooling approach and describes its own campuses as ‘AI Factories’ purpose-built for GPU-dense training and inference workloads, while a separate AI Cloud business (originally branded Sai Computing) is being spun out into a new entity called ChronoScale.
Applied Digital operates as a cloud provider and colocation provider, with facilities at the following locations:
FACILITY OPERATOR
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Yes. Applied Digital's Ellendale, North Dakota campus (Polaris Forge 1) hosts CoreWeave's AI and HPC infrastructure under a 250MW lease, its Jamestown, North Dakota facility ran an Nvidia A100/A40/A6000 GPU cluster for its early AI Cloud service, its Harwood, North Dakota campus (Polaris Forge 2) is being leased to Oracle as a 280MW AI computing center, and its Delta Forge 1 campus in Rapides Parish, Louisiana is purpose-built for large-scale AI training and inference with closed-loop cooling for high-density GPU racks.
Yes. In March 2024 Applied Digital agreed to sell its 200MW Garden City, Texas cryptomining campus to Marathon Digital Holdings for a gross price of about $97.3 million, a deal that closed in 2024, so it is no longer part of Applied Digital's operating footprint.
Applied Digital designs, builds, and operates data center campuses that it leases to hyperscale AI, HPC, and blockchain-hosting customers on a colocation/critical-IT-load basis, and it separately offers its own GPU cloud service (previously branded Sai Computing, being spun out as ChronoScale); it was founded in 2021 as Applied Blockchain, originally focused on cryptomining hosting.
Applied Digital's newest disclosed site is Delta Forge 1, a $3.6 billion, 430MW AI Factory campus in Rapides Parish (near Boyce/Alexandria), Louisiana, which broke ground in January 2026 and secured a $7.5 billion, 15-year, 300MW lease with an undisclosed investment-grade hyperscaler announced in April 2026.
Applied Digital is classified as a colocation provider among other services it offers — we can't confirm which specific facilities provide colocation services. Please contact Applied Digital directly to confirm colocation availability.
Applied Digital is classified as a cloud provider among other services it offers — we can't confirm which specific facilities provide cloud services. Please contact Applied Digital directly to confirm cloud availability.
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