**Applied Digital (NASDAQ: APLD)** has entered a significant 15-year lease with an unnamed U.S.-based hyperscaler to supply 300 megawatts (MW) of AI and high-performance computing infrastructure at its Delta Forge 1 facility, a 500-acre AI data center designed specifically for large-scale computing. This deal could be valued at up to $7.5 billion, contributing to Applied Digital’s total contracted lease revenue, which now exceeds $23 billion.
The Delta Forge 1 facility is equipped with advanced power supplies and cooling features aimed at optimizing AI model training and inference workloads. Initial operations are expected to commence in mid-2027.
