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 Shares Climb on $5B Data Center Investment From Macquarie
Applied Digital shares climbed Tuesday after the company confirmed that Macquarie Asset Management would invest up to $5 billion in the AI company's data centers. Shares were recently up 23% to $9.55 in premarket trading. The stock's highest closing price in the past year was $10.68, reached in November; it's up 40% in the past 52 weeks.
Aligned Data Centers has raised more than $12 billion in equity and debt funding. The company this week announced it has ...
Artificial intelligence requires enormous computing power, pushing demand for specialized data centers that enable technology ...
The company said the raise encompassed new primary equity from funds managed by Macquarie Asset Management, alongside ...
The $5.0 Billion Investment Can Support Over 2 GW of HPC Data Center DevelopmentFunds managed by Macquarie Asset Management (“MAM”) to invest up ...
Strategic Funding Accelerates Rapid Development and Innovation to Meet Surging AI and Cloud DemandDALLAS, Jan. 15, 2025 ...
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