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.
The company's stock closed nearly 10% higher on Tuesday after Australia's Macquarie announced it would invest up to $5 ...
Despite a significant net loss, Applied Digital Corp (APLD) reports a 51% revenue increase and announces a transformative partnership with Macquarie Asset Management.
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 ...
Chairman and CEO Wes Cummins says new COO Laura Laltrello will help accelerate the company's growth as an "AI Factory pioneer ...
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