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 ...
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The shares of Applied Digital (APLD) advanced more than 7% this week after the firm disclosed that Australian bank Macquarie ...
The company's stock closed nearly 10% higher on Tuesday after Australia's Macquarie announced it would invest up to $5 ...
Applied Digital has been unable to close a customer for its 100MW data center in Ellendale for more than a year now. Read why ...
Macquarie Asset Management invests $5 billion in Applied Digital's HPC data center initiative, enhancing growth and ownership structure. Applied Digital Corporation has partnered with ...
Total revenues in the fiscal second quarter 2025 were $63.9 million, up 51% from the fiscal second quarter 2024. The growth was primarily driven by the continued expansion of the Company’s Cloud ...
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