Currently, Applied Digital has a 106 MW facility in Jamestown, North Dakota and a 180 MW facility in Ellendale, North Dakota that are operating at full capacity. In Q1 FY 2025, the company ...
Australia's Macquarie will invest up to $5 billion in Applied Digital's AI data centers and will take a 15% stake in the company, the technology company said on Tuesday, sending its shares up over 15% ...
Investment firm Macquarie is to invest billions of dollars into data center firm Applied Digital. First reported by the Wall ...
Applied Digital shares jumped in intraday trading Tuesday after the digital infrastructure firm said Macquarie Asset Management is investing up to $5 billion in its high-performance computing data ...
The company reported a net loss for the second quarter of $139.4 million or $0.66 per share as Applied Digital finished construction of the first of three facilities in North Dakota. The firm’s ...
A North Dakota data center campus will get up to $900M from Australian bank Macquarie. The bank also gets first dibs on investing in upcoming projects.
The funding deal with Macquarie will help Applied Digital repay debt incurred to build its data centers in North Dakota and further allow the company to recover over $300 million of its equity ...