Macquarie invests up to $5 billion in Applied Digital's AI data center business
Investment firm Macquarie is to invest billions of dollars into data center firm Applied Digital. First reported by the Wall Street Journal and confirmed by the company, Macquarie Asset Management (MAM) is set to invest $5 billion into Applied, a cryptomining firm pivoting to AI and HPC data centers.
Applied Digital CEO Wes Cummins talks about the demand signals in the data center space, the progress of the company’s ...
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Macquarie is betting big on US data centresThe group’s asset management unit has upped its exposure to the data centre sector through an investment and funding deal ...
The company's stock closed nearly 10% higher on Tuesday after Australia's Macquarie announced it would invest up to $5 ...
Applied Digital shares are trading higher Tuesday after the company secured a significant $5 billion financing agreement with ...
Agreement to provide MAM a right to invest up to an additional $4.1 billion across Applied Digital’s future HPC data center pipeline. The MAM investment, in conjunction with future project financing, ...
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