Australia's Macquarie on Tuesday agreed to take a 15% stake in Applied Digital's high-performance computing business and ...
(Corrects paragraph 1 to say Macquarie will take a stake in Applied Digital's high-performance computing unit, not the whole ...
The company's stock closed nearly 10% higher on Tuesday after Australia's Macquarie announced it would invest up to $5 ...
Key Takeaways Applied Digital shares surged in intraday trading Tuesday after announcing that Macquarie Asset Management is ...
The deal follows strong investor interest in businesses connected to the AI boom.
Applied Digital's $5 billion investment announcement is contingent on closing a 100 MW deal with a hyperscaler, which remains ...
Applied Digital has been unable to close a customer for its 100MW data center in Ellendale for more than a year now. Read why ...
The $5.0 Billion Investment Can Support Over 2 GW of HPC Data Center DevelopmentFunds managed by Macquarie Asset Management (“MAM”) to invest up ...
Applied Digital has entered into a significant $5 billion perpetual preferred equity financing facility with Macquarie.
Macquarie Group’s asset management unit has upped its exposure to the burgeoning data centre sector in the United States ...
Investment firm Macquarie is to invest billions of dollars into data center firm Applied Digital. First reported by the Wall ...
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 ...