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.
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.
Applied Digital CEO Wes Cummins talks about the demand signals in the data center space, the progress of the company’s ...
Applied Digital (NASDAQ: APLD) stock is posting big gains in Tuesday's trading. The company's share price was up 9.4% as of ...
Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) missed analyst estimates significantly. Looking ahead, ...
Applied Digital Corp (NASDAQ:APLD) shares are trading lower Wednesday on the heels of the company's second-quarter financial ...
Applied Digital Corporation (APLD – Research Report), the Financial sector company, was revisited by a Wall Street analyst today. Analyst Kevin ...
The company's stock closed nearly 10% higher on Tuesday after Australia's Macquarie announced it would invest up to $5 ...
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