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Macquarie, Applied Digital
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.
Applied Digital Stock Jumps on Up to $5B Investment by Australian Fund Macquarie
Key Takeaways Applied Digital shares surged in intraday trading Tuesday after announcing that Macquarie Asset Management is investing up to $5 billion in its high-performance computing data centers.Nvidia is already an investor in Applied Digital data centers and announced a stake in the company last year.
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.
1d
Macquarie refuses to say whether it stands by climate commitments
Other major local financial institutions indicated that they remained committed to net zero goals amid a recent pullback by ...
Livewire Markets
1d
Where the Australian stock market is headed in 2025
There were massive winners and massive losers on the ASX in 2024. We bring you 2025 outlooks from three major brokers: Buy, ...
1d
Jacob James Callaghan, 18, and Jinaya Taylor, 19, charged after alleged birthday party murder of Matthew Callaghan at Gateshead, Lake Macquarie
A teenager has been charged with the stabbing murder of his father on the night of his own 18th birthday party.
2d
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 ...
1d
Gold Miners Reaping A Record Cash Harvest
Cash harvesting sounds more like farming than mining but that’s the point reached by goldmining companies after three years ...
thenightly
1d
AI in business: Telstra and Macquarie’s Artificial Intelligence bet shows where Australian jobs are going
Telstra is pumping $700 million into AI capabilities while Macquarie Bank is investing $8 billion in a US firm building a ...
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