Australia's Macquarie on Tuesday agreed to take a 15% stake in Applied Digital's high-performance computing business and ...

The deal follows strong investor interest in businesses connected to the AI boom.

The company's stock closed nearly 10% higher on Tuesday after Australia's Macquarie announced it would invest up to $5 ...

(Corrects paragraph 1 to say Macquarie will take a stake in Applied Digital's high-performance computing unit, not the whole ...

Key Takeaways Applied Digital shares surged in intraday trading Tuesday after announcing that Macquarie Asset Management is ...

Applied Digital's $5 billion investment announcement is contingent on closing a 100 MW deal with a hyperscaler, which remains ...

The group’s asset management unit has upped its exposure to the data centre sector through an investment and funding deal ...

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.

As per the report, Macquarie’s asset-management arm agreed to invest up to $900M in a North Dakota data-center campus being built by Applied Digital. The investment banking firm also has a right of ...

Macquarie Group’s asset management unit has upped its exposure to the burgeoning data centre sector in the United States ...

Applied Digital is soaring today following news that Macquarie Asset Management will be investing up to $5 billion in the company. The stock is also getting a boost from the latest inflation report ...