{"id":1013403,"date":"2026-06-10T07:57:24","date_gmt":"2026-06-10T02:27:24","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1013403"},"modified":"2026-06-10T08:05:00","modified_gmt":"2026-06-10T02:35:00","slug":"applied-digital-signs-5-2-billion-ai-data-center-lease-with-us-hyperscaler","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/06\/10\/applied-digital-signs-5-2-billion-ai-data-center-lease-with-us-hyperscaler\/","title":{"rendered":"Applied Digital signs $5.2 billion AI data center lease with US hyperscaler"},"content":{"rendered":"<p>Applied Digital has signed a 15-year lease with a US-based hyperscaler at its Delta Forge 2 site which is expected to generate about $5.2 billion in revenue over the period, sending the company&#8217;s shares up 8.7% in extended trading. <\/p>\n<p>Major technology \u200ccompanies are \u2060raising \u2060their spending on data centers to support powerful artificial intelligence models, boosting demand for electricity, computing capacity and specialized facilities. <\/p>\n<p>About 70% of \u200bApplied Digital&#8217;s contracted revenue is now backed by U.S.-based investment-grade hyperscalers, the company said on Monday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Applied Digital has signed a 15-year lease with a US-based hyperscaler at its Delta Forge 2 site which is expected to generate about $5.2 billion in revenue over the period, sending the company&#8217;s shares up 8.7% in extended trading. Major technology \u200ccompanies are \u2060raising \u2060their spending on data centers to support powerful artificial intelligence models, boosting demand for electricity, computing capacity and specialized facilities. About 70% of \u200bApplied Digital&#8217;s contracted revenue is now backed by U.S.-based investment-grade hyperscalers, the company said on Monday.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1013403","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1013403","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1013403"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1013403\/revisions"}],"predecessor-version":[{"id":1013405,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1013403\/revisions\/1013405"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1013403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1013403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1013403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}