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Macquarie, Applied Digital and Data Center
Applied Digital Gets Help in Building AI Data Centers. Macquarie Joins Nvidia as Investor.
Shares of Applied Digital were trading sharply higher after the operator of artificial-intelligence data centers announced it would be receiving up to $5 billion from Macquarie Asset Management. Applied Digital stock gained 25% to $9.
Macquarie to Invest Up to $5 Billion in Applied Digital AI Data Centers
The deal follows strong investor interest in businesses connected to the AI boom.
Australia's Macquarie to invest up to $5 bln in Applied Digital data centers
Australia's Macquarie on Tuesday agreed to take a 15% stake in Applied Digital's high-performance computing business and invest up to $5 billion in the company's artificial intelligence data centers amid booming AI demand.
2d
Applied Digital posts smaller-than-expected loss on demand for cloud services
The company's stock closed nearly 10% higher on Tuesday after Australia's Macquarie announced it would invest up to $5 ...
1d
Applied Digital Q2 FY25 Review: Continuous Delays In Signing Customer Is Disappointing
Applied Digital has been unable to close a customer for its 100MW data center in Ellendale for more than a year now. Read why ...
2d
Applied Digital Agrees to Build a Partnership with Macquarie Asset Management for Funding of up to $5.0 Billion to Drive HPC Growth
The $5.0 Billion Investment Can Support Over 2 GW of HPC Data Center DevelopmentFunds managed by Macquarie Asset Management (“MAM”) to invest up ...
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