Focus modeSupporting context hidden. Figures, their basis, confidence and sources are
unchanged — nothing that qualifies a number is hidden.
AI news — only what changes the chain.
T2C filters the record into supply-chain signals: what happened, why it
matters, who is affected, and what may happen next.
(In simple terms: the things that actually move a project forward, and
nothing else.)
Lead signal
Lead signal
Advanced
Microsoft accepts IREN's first 50 MW AI deployment
? What happened
Horizon 1 — 50 MW of critical IT — delivered to and accepted by Microsoft.
✓ Why it matters
The only formally accepted hyperscaler capacity across every company tracked here. Acceptance is the milestone that normally starts the revenue clock, but IREN has not separately disclosed that billing has commenced, so it is not recorded as revenue-live.
→ What may happen next
Billing is the next gate. No date or window has been guided for it.
The lead signal above is the most recent of the
13. The rest follow, newest first.
11 Aug 2026HighAdvanced
CoreWeave adds 500 MW of secured power
? What happened
Contracted power reached approximately 4.2 GW, up from 3.7 GW at quarter end.
✓ Why it matters
A further 500 MW of supply secured within six weeks of the quarter close. Contracted power is a total that already includes active capacity, so this widens the gap between power controlled and power energised rather than closing it.
→ What may happen next
Acceptance is the next gate. No date or window has been guided for it.
CoreWeave Reports Strong Second Quarter 2026 ResultsCoreWeave, Inc. · 11 Aug 2026
· PrimaryExpanded active power by nearly 500 MWs to reach 1.5 GW. Grew total contracted power to approximately 3.7 GW. Revenue backlog was approximately $104bn as of June 30, 2026.
T2C records what the document says. It does not verify the underlying event
independently. How evidence is graded
11 Aug 2026HighAdvanced
2 records · 1 disclosure
CoreWeave adds 500 MW of energised critical it
? What happened
Active power expanded by nearly 500 MW to reach 1.5 GW.
✓ Why it matters
The largest single-quarter energisation step on the board. The previous value is derived from the company's own "expanded by nearly 500 MWs" wording rather than a separately published Q1 figure.
→ What may happen next
Acceptance is the next gate. No date or window has been guided for it.
CoreWeave Reports Strong Second Quarter 2026 ResultsCoreWeave, Inc. · 11 Aug 2026
· PrimaryExpanded active power by nearly 500 MWs to reach 1.5 GW. Grew total contracted power to approximately 3.7 GW. Revenue backlog was approximately $104bn as of June 30, 2026.
T2C records what the document says. It does not verify the underlying event
independently. How evidence is graded
11 Aug 2026HighEvidence
Keel Infrastructure publishes a new disclosure
? What happened
Portfolio split disclosed: 648 MW secured, 1,513 MW planned or in development, approximately 2.2 GW total pipeline.
✓ Why it matters
The 2.2 GW previously carried as secured power is a development pipeline. Secured capacity is 648 MW — under a third of the headline figure.
Keel Infrastructure Reports Second Quarter 2026 ResultsKeel Infrastructure · 11 Aug 2026
· Primary"With a development pipeline of 2.2 gigawatts and established grid interconnections in place." Also: "uncommitted 2027 capacity across PJM and Washington", zoning and land development approvals secured at Panther Creek, environmental permit applications progressing at Sharon, and first Vertiv modules delivered at Moses Lake. This release carries the rounded pipeline and the permitting narrative only; the itemised capacity table is in the Form 10-Q.
T2C records what the document says. It does not verify the underlying event
independently. How evidence is graded
11 Aug 2026HighAdvanced
TeraWulf begins earning on 102 MW of critical IT
? What happened
Lake Mariner reports 102 MW of revenue-generating critical IT, with 336 MW more under construction.
✓ Why it matters
One of only two revenue-generating critical IT figures disclosed by any tracked company. The company's explicit "revenue-generating" wording is what allows this to be recorded as revenue-live.
TeraWulf Reports Second Quarter 2026 ResultsTeraWulf Inc. · 11 Aug 2026
· PrimaryLake Mariner: 102 MW of revenue-generating critical IT capacity, with a further 336 MW of critical IT under construction.
T2C records what the document says. It does not verify the underlying event
independently. How evidence is graded
11 Aug 2026MediumAdvanced
Keel Infrastructure passes a delivery milestone
? What happened
Panther Creek holds 350 MW of contracted firm power with conditional land development approval; environmental permits outstanding.
✓ Why it matters
A worked example of why gates are tracked independently — power and zoning have advanced while environmental approval has not, and the data centre itself is not evidenced as under construction.
→ What may happen next
Construction is the next gate. No date or window has been guided for it.
Keel Infrastructure quarterly report (Form 10-Q)Keel Infrastructure (SEC EDGAR) · 11 Aug 2026
· PrimaryCurrent Energized Capacity 341 MW; Secured Growth Capacity 430 MW; Secured Gross Data Center Capacity 648 MW; Identified Additional Gross Data Center Capacity 1,513 MW; Total Pipeline 2,161 MW. "Secured Gross Data Center Capacity represents the total amount of gross power capacity that is subject to electric supply agreements with utilities, including both power capacity currently available on site and power capacity that utilities have agreed to deliver at a future date." Footnote: "The current energized capacity at the Panther Creek and Scrubgrass site of 60 MW and 63 MW, respectively, are not under an energy service agreement. The capacity is therefore excluded from Secured Gross Data Center Capacity."
T2C records what the document says. It does not verify the underlying event
independently. How evidence is graded
7 Aug 2026HighOutlook
Nebius Group raises its target to 5 GW
? What happened
Year-end contracted-power target raised to 5 GW, from a measured "more than 3.5 GW".
✓ Why it matters
A target, not delivered capacity. The 3.5 GW is the last explicitly measured figure; the 5 GW is an ambition for 31 December 2026 and is excluded from every current-capacity total.
Applied Digital Signs 210 MW Lease at Delta Forge 2Applied Digital Corporation · 5 Aug 2026
· Primary210 MW lease with a high investment-grade hyperscaler, approximately $5.2bn over a 15-year initial term, under construction with expected delivery in H1 2028.
T2C records what the document says. It does not verify the underlying event
independently. How evidence is graded
4 Aug 2026HighNew contract
2 records · 1 disclosure
WULF signs Anthropic (Justified Data Campus) for 839 MW
? What happened
Anthropic lease at the Justified Data Campus — approximately 401 MW critical IT, 20-year initial term, approximately $19bn.
✓ Why it matters
Nearly doubles disclosed contracted capacity, but initial capacity is not expected until H2 2027 and full delivery not until early 2028. Contracted is not delivered.
→ What may happen next
Acceptance is the next gate, guided for H1 2028. A guided window is not a date.
T2C records what the document says. It does not verify the underlying event
independently. How evidence is graded
29 Jul 2026MediumAdvanced
TeraWulf passes a delivery milestone
? What happened
FERC authorised the acquisition of Morgantown Power LLC (Docket EC26-58-000).
✓ Why it matters
The first regulator-sourced record on the site, and a useful warning about headline approvals: FERC states the order covers the ownership transfer only. Data centre development, new generation, gas infrastructure, battery storage and any change to PJM participation each require separate review. Company guidance still contemplates data centre operations only in 2030.
→ What may happen next
Customer contracted is the next gate. No date or window has been guided for it.
FERC Order authorising acquisition of Morgantown Power LLC — 196 FERC ¶ 61,075, Docket EC26-58-000Federal Energy Regulatory Commission · 29 Jul 2026
· PrimaryAuthorises Chesapeake Data LLC, a wholly owned TeraWulf subsidiary, to acquire 100% of Morgantown Power LLC from Lanyard Power Holdings LLC, finding the transfer consistent with the public interest. Morgantown Power owns four operating oil-fired generating units totalling approximately 216 MW. The authorisation covers the ownership transfer ONLY: data centre development, new generation, gas infrastructure, battery storage and changes to PJM participation each require separate review.
T2C records what the document says. It does not verify the underlying event
independently. How evidence is graded
15 Jul 2026HighEvidence
Applied Digital publishes a new disclosure
? What happened
1,410 MW of contracted critical IT across five campuses, approximately $36.2bn of contracted revenue.
✓ Why it matters
The largest disclosed customer-contracted figure of any tracked company, and an exhaustive one — unlike IREN's and TeraWulf's, which are minimums. Replaces a stale 600 MW record.
Applied Digital Corporation annual report, fiscal year ended 31 May 2026Applied Digital Corporation (SEC EDGAR) · 15 Jul 2026
· Primary1,410 MW of contracted critical IT capacity across five campuses, approximately $36.2bn of contracted revenue over initial base terms, approximately 2.15 GW of gross grid-connected utility power, approximately 100 MW operational and revenue-generating, and approximately 1.5 GW operating or under construction.
T2C records what the document says. It does not verify the underlying event
independently. How evidence is graded
1 Jun 2026HighNew contract
2 records · 1 disclosure
IREN Limited signs a customer for 260 MW
? What happened
NVIDIA agreement for 60 MW, approximately $3.4bn over a five-year term.
✓ Why it matters
Takes disclosed customer-contracted capacity to a minimum of 260 MW alongside the 200 MW Microsoft contract. Still a minimum — other contracts do not disclose megawatts.
T2C records what the document says. It does not verify the underlying event
independently. How evidence is graded
1 Jun 2026HighNew contract
Nebius Group signs a new customer contract
? What happened
Meta agreement: $12bn dedicated-capacity commitment over five years.
✓ Why it matters
A further $15bn may follow, relating to additional or otherwise unsold capacity, for a maximum of approximately $27bn. Only the $12bn is a commitment; the balance is conditional and is not displayed as committed revenue.
Nebius signs new AI infrastructure agreement with MetaNebius Group N.V. · 1 Jun 2026
· Primary$12bn dedicated-capacity commitment over five years, with up to a further $15bn relating to additional or otherwise unsold capacity — a maximum possible value of approximately $27bn.
T2C records what the document says. It does not verify the underlying event
independently. How evidence is graded
✓
You're caught up
You have reviewed every signal in the latest set. This is the whole record, not the
first page of one — there is nothing more to load.
16 records come from 13 disclosures.
3 documents produced more than one record — a quarterly
release that moves two figures at once is one disclosure, not two events.
This is the only grouping rule applied: records resting on exactly the
same document are one disclosure. T2C does not group by matching headlines, because deciding
that two differently-worded announcements are "really" the same story is a judgement it cannot
evidence. Corrections are never folded into the record they correct.
Read the methodology
Want the raw metric movements rather than the write-up?
The intelligence ledger carries the same records
with every figure and its previous value. For third-party headlines T2C has not verified,
see the news wire.
