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 and invest up to $5 billion in the company's artificial intelligence data centers amid booming AI demand.
Macquarie Group inks Applied Digital investment and funding deal in US data centre play
Macquarie Group’s asset management unit has upped its exposure to the burgeoning data centre sector in the United States through an investment and funding deal with Applied Digital Corporation, worth up to $US5bn ($8.
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.
Investors are bidding up the Macquarie share price amid the latest AI news. The post Macquarie shares lift off on $8 billion ...
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