Hyperscaler anonimo → Applied Digital: $7.5B cloud & services

Polaris Forge 3 to a hyperscaler. An investment-grade US hyperscaler (the same as Delta Forge 1) leases 300 MW at Applied Digital's Polaris Forge 3 campus for about $7.5 billion over 15 years.

This deal is 100% of everything Hyperscaler anonimo pays and 41% of everything Applied Digital receives in this database.

Date

May 21, 2026

Paid by

Hyperscaler anonimo

Received by

Applied Digital

Type

Cloud & services

Amount

$7.5B

Status

announced

Note

15-year take-or-pay; $18.2 billion with renewals

See on the map