Macquarie will invest up to $5 billion in data centers being built by artificial-intelligence infrastructure company Applied Digital, adding to the Australian bank’s substantial AI-related ...
Applied Digital (NASDAQ:APLD) has announced a $5B investment from Macquarie that will support over 2GW of high-performance computing data center development. The investment will come in the form ...
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 ...
“We are excited to partner with Applied Digital to build and scale its HPC data center platform,” said Anton Moldan, Senior Managing Director of Macquarie Asset Management. “Applied Digital ...
Applied Digital faces challenges with its transition to AI and HPC hosting. See why APLD stock’s financing terms and cash ...
DALLAS, Feb. 12, 2025 — Applied Digital Corporation (Nasdaq ... The company used a portion of the proceeds to repay its obligations under the Macquarie Capital senior secured note, and the remaining ...
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 ...
According to Applied Digital (NASDAQ:APLD), part of the proceeds will be used for repaying its existing obligations under Macquarie capital senior secured notes, which saw the latter investing $5 ...
Some of the proceeds will go towards repaying the company’s obligations under the Macquarie capital senior secured note ... chief financial officer of Applied Digital. "We expect this financing to ...
As part of the deal, Macquarie will get a 15% stake in Applied Digital’s high-performance computing business. - Brent Lewin/Bloomberg News Macquarie will invest up to $5 billion in data centers ...
AboutAppliedDigital Applied Digital (Nasdaq: APLD ... of the definitive transaction documents required to close the Macquarie Asset Management facility; our ability to raise additional capital ...