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.
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's $5 billion investment announcement is contingent on closing a 100 MW deal with a hyperscaler, which remains ...
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 has been unable to close a customer for its 100MW data center in Ellendale for more than a year now. Read why ...
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