News

Applied Digital's $5 billion investment announcement is contingent on closing a 100 MW deal with a hyperscaler, which remains uncertain. The company reported a 51.3% YoY revenue increase in Q2 FY ...
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 ...
Macquarie's asset management arm has agreed to invest up to $900 million in a data center campus that Applied Digital is developing in North Dakota. Shares of Applied Digital rose about 20% before ...
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 Macquarie ...
Applied Digital shares jumped in intraday trading Tuesday after it announced that Macquarie Asset Management will invest up to $5 billion in its high-performance computing (HPC) data centers.
Applied Digital secures $5 billion financing from MAM to support the build-out of its 400 MW Ellendale HPC Campus. The deal includes a 12.75% dividend on preferred equity, boosting Applied Digital ...
--Applied Digital Corporation, a designer, builder and operator of next-generation digital infrastructure for HPC applications, entered today into a $5.0 billion perpetual preferred equity ...
Applied Digital (NASDAQ: APLD) stock is posting big gains in Tuesday's trading. Applied Digital is soaring today following news that Macquarie Asset Management will be investing up to $5 billion ...
In exchange for its investment, Macquarie will acquire a 15% stake in Applied Digital's high-performance computing business, leaving Applied Digital with an 85% majority. This influx of capital from ...
Applied Digital will continue to own the remaining 85% of the segment, although the arrangement leaves the door open for Macquarie to invest an additional $4.1 billion in the company's future HPC ...