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.
The company's stock closed nearly 10% higher on Tuesday after Australia's Macquarie announced it would invest up to $5 ...
(Corrects paragraph 1 to say Macquarie will take a stake in Applied Digital's high-performance computing unit, not the whole ...
Applied Digital's $5 billion investment announcement is contingent on closing a 100 MW deal with a hyperscaler, which remains ...
Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) missed analyst estimates significantly. Looking ahead, ...
Applied Digital reports fiscal second-quarter financial results after the market close on Tuesday. Here's a look at the key ...
Applied Digital Corporation (NASDAQ:APLD) grew for a second day on Thursday, ending the day up by 7.29 percent at $8.98 each ...
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