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Applied Digital lands $7.5 billion AI data center lease with US hyperscaler for 300 megawatts
Technology
Published on 24 April 2026
The deal promises 300MW at a single site
Applied Digital has signed a long-term $7.5 billion lease with an unnamed US hyperscaler to secure computing capacity for AI workloads. The agreement covers 300 megawatts at its Delta Forge One site, and the company expects additional financing of up to $600 million. The hyperscaler partner remains undisclosed.
- Applied Digital signed a $7.5 billion AI data center lease
- Deal includes 300 megawatts of computing capacity
- Lease is for Delta Forge One site in a single location
- Company expects up to $600 million in financing
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times