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.
Despite a significant net loss, Applied Digital Corp (APLD) reports a 51% revenue increase and announces a transformative partnership with Macquarie Asset Management.
We recently compiled a list of the 11 Trending AI News and Ratings. In this article, we are going to take a look at where ...
Australia's Macquarie on Tuesday agreed to take a 15% stake in Applied Digital's high-performance computing business and ...
Applied Digital Corporation ( NASDAQ: APLD) Q2 2025 Results Conference Call January 14, 2025 5:00 PM ET Matt Glover - IR, Gateway Group, Inc. Wes Cummins - CEO Saidal Mohmand - CFO ...
Applied Digital reports fiscal second-quarter financial results after the market close on Tuesday. Here's a look at the key ...
Total revenues in the fiscal second quarter 2025 were $63.9 million, up 51% from the fiscal second quarter 2024. The growth was primarily driven by the continued expansion of the Company’s Cloud ...
Data center operator Applied Digital on Tuesday posted a smaller-than-expected loss for the second quarter, helped by increased demand for high-performance data center infrastructure and cloud ...
AI kingpin Nvidia disclosed an investment in Applied Digital, a digital infrastructure solutions provider. Nvidia stock dipped while APLD stock rose. DALLAS, Oct. 31, 2024 (GLOBE NEWSWIRE ...
Pre-earnings options volume in Applied Digital ( APLD) Corp is 2.9x normal with calls leading puts 2:1. Implied volatility suggests the market is anticipating a move near 17.0%, or $1.46, after ...
The U.S. stock market experienced mixed results on Tuesday. The Dow Jones index climbed over 220 points to 42,518.28, while ...
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