Macquarie hopes for AirTrunk redux with $8b AI data centre bet
Macquarie’s funds will help Applied Digital complete construction of an AI data centre in North Dakota, and potentially finance additional ones.
Macquarie to invest up to US$5 billion in Applied Digital data centres
Investment bank Macquarie will invest up to US$5 billion in Applied Digital’s AI data centres and will take a 15 per cent stake in the company, the Wall Street Journal reported on Tuesday (Jan 14). Read more at The Business Times.
Macquarie to inject up to $5bn into Applied Digital’s US data centre projects
Funds managed by MAM have entered into a perpetual preferred equity financing agreement by investing up to $900m in Applied Digital’s Ellendale HPC data centre campus in a deal that allows for the investment of up to an additional $4.1bn across Applied Digital’s future HPC data centre pipeline.
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 injects up to $8b into Applied Digital's AI expansion
Macquarie's asset management arm has agreed to invest up to US$5 billion ($8.09 billion) in Applied Digital’s AI-focused data centres, including a 15% stake.
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.
Macquarie AM splashes billions on Applied Digital Corporation
Macquarie Asset Management (MAM) has pledged US$5 billion to NASDAQ-listed Applied Digital Corporation, which provides high-performance computing (HPC) data-centre solutions.
Applied Digital Stock Surges After Bank Agrees to Invest in Data Centers
Australian bank Macquarie will invest up to $5 billion in data centers being built by Applied Digital. Shares in the AI infrastructure company jumped 17% Tuesday morning. Read more:
Macquarie to invest up to US$5b in Applied Digital data centres
Macquarie is to take a 15 percent stake in US firm Applied Digital's high-performance computing business and invest up to US$5 billion (A$8.1 billion) in the company's artificial intelligence data centres amid booming AI demand. Shares of Applied Digital rose about 20 percent before the opening bell.
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.
AI frenzy continues as Macquarie commits up to $5B for Applied Digital datacenters
Bubble? What bubble? Fears of an AI bubble have yet to scare off venture capitalists and private equity firms from pumping billions of dollars into the GPU-packed datacenters at the heart of the machine-learning craze.
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Macquarie in $8b AI data centre play
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Macquarie shares lift off on $8 billion AI news
Investors are bidding up the Macquarie share price amid the latest AI news. The post Macquarie shares lift off on $8 billion ...