Applied Digital Corporation has signed a 210 megawatt lease at its Delta Forge 2 facility, adding a fifth campus to its AI Factory franchise model. The deal expands the company's footprint for high-density AI compute hosting and follows a series of large-load agreements with cloud and AI customers. Applied Digital said the lease reinforces the scalability of its campus-based model for enterprise AI infrastructure.
A 210 MW single-facility lease is among the largest disclosed AI infrastructure deals in the current market cycle, and Applied Digital's franchise model represents a distinct approach to scaling independent AI data center capacity outside the hyperscaler tier. The deal's size signals sustained demand for large, dedicated AI compute campuses.
Named company (Applied Digital), specific capacity figure (210 MW), and formal lease announcement triggered selection. The fifth campus milestone and franchise model framing add strategic context that distinguishes this from generic construction announcements.