Infrastructure / disclosed capacity
Follow the buildout
Power moves from plans and contracts to commissioned, billable infrastructure. This ledger shows what companies have disclosed and the stage each figure describes.
Company capacity disclosures
| Company | Measure | Reported power | Stage | Period |
|---|---|---|---|---|
| CoreWeave ↗ | Contracted power Company-defined total contracted power. | 3,700 MW | contracted | Q2 2026 |
| CoreWeave ↗ | Active power Active power is not a reported billable IT-load figure. | 1,500 MW | operating | Q2 2026 |
| Nebius ↗ | 2026 contracted-power target Year-end target, not commissioned capacity. | 5,000 MW | target | Q2 2026 |
| IREN ↗ | Data-centre pipeline Company describes a pipeline greater than 5GW; lower bound shown, not live IT load. | >5,000 MW | pipeline | FY26 / August 2026 update |
| IREN ↗ | 2026 IT-load delivery target Targeted cumulative delivery, not current billing capacity. | 300 MW | target | FY26 / August 2026 update |
| Core Scientific ↗ | Leased customer IT power Approximately 1.1GW committed under customer contracts. | 1,100 MW | contracted | Q2 2026 |
| Core Scientific ↗ | Billable customer IT power Service commenced and billing at 30 June 2026. | 395 MW | operating | Q2 2026 |
| Applied Digital ↗ | Contracted critical IT load Long-term leases as of 31 May 2026. | 1,410 MW | contracted | FY26 / June 2026 update |
| Applied Digital ↗ | Live campus capacity Polaris Forge 1 capacity after 75MW phase delivered 30 June; not necessarily all billable. | 175 MW | operating | FY26 / June 2026 update |