The agreement stipulates an investment of $2.25 million for each megawatt (MW) of capacity leased, potentially raising up to ...

Recent developments in the AI chip sector highlight a significant partnership between Applied Digital Corporation and ...

Macquarie Asset Management (MAM) has agreed to provide up to $5 billion in preferred equity financing to Applied Digital, a ...

Applied Digital has entered into a significant $5 billion perpetual preferred equity financing facility with Macquarie.

Applied Digital Corp. (APLD) shares dropped over 5% in premarket trading Wednesday, following stronger-than-expected fiscal ...

Investment firm Macquarie is to invest billions of dollars into data center firm Applied Digital. First reported by the Wall ...

Funds managed by MAM have entered into a perpetual preferred equity financing agreement by investing up to $900m in Applied ...

The $5.0 Billion Investment Can Support Over 2 GW of HPC Data Center Development Funds managed by Macquarie Asset Management (“MAM”) to invest up to $900 million in the Company’s Ellendale High ...

The campus is the one of several Applied Digital datacenters that Macquarie intends to plow money into. Under the agreement, ...

Applied Digital shares are trading higher Tuesday after the company secured a significant $5 billion financing agreement with ...

Total revenues in the fiscal second quarter 2025 were $63.9 million, up 51% from the fiscal second quarter 2024. The growth ...

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.