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 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.
Other major local financial institutions indicated that they remained committed to net zero goals amid a recent pullback by ...
Applied Digital's $5 billion investment announcement is contingent on closing a 100 MW deal with a hyperscaler, which remains ...
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Macquarie expects software stock fundamentals to remain “generally positive in 2025,” although “potentially accompanied by bouts of ...
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Macquarie University, one of Australia’s top 10 universities, and Manipal Academy of Higher Education (MAHE), a leading ...
Macquarie analyst Andrew Bowler maintained a Buy rating on Westgold Resources (WGXRF – Research Report) today and set a price target of A$3.70.
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