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 ...
Applied Digital is soaring today following news that Macquarie Asset Management will be investing up to $5 billion in the company. The stock is also getting a boost from the latest inflation report ...
The $5.0 Billion Investment Can Support Over 2 GW of HPC Data Center DevelopmentFunds managed by Macquarie Asset Management (“MAM”) to invest up ...
The company's stock closed nearly 10% higher on Tuesday after Australia's Macquarie announced it would invest up to $5 ...
Applied Digital Corporation entered today into a $5.0 billion perpetual preferred equity financing facility, with investment vehicles of funds managed by Macquarie Asset Management (“MAM”), for ...
Cantor Fitzgerald lowered the firm’s price target on Applied Digital (APLD) to $14 from $15 and keeps an Overweight rating on the shares.
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