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Applied Digital signs $5.2 billion AI data center lease

Published Monday, June 8, 2026 · Updated June 9

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Media Analysis

AI synthesis

Applied Digital has signed a 15-year lease agreement with a U.S.-based hyperscaler for its Delta Forge 2 site. This deal is expected to generate approximately $5.2 billion in revenue over the lease period for the AI data center.

What We Know — Key Points

  • Applied Digital has signed a 15-year, $5.2 billion AI data center lease with a U.S.-based hyperscaler at its Delta Forge 2 site.

What Is Claimed — Perspectives

  • Channel News AsiaCenter

    Applied Digital signed a 15-year lease agreement with a U.S.-based hyperscaler for its Delta Forge 2 site, a deal projected to generate approximately $5.2 billion in revenue.

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