Investment bank Macquarie will invest up to $5 billion in Applied Digital's AI data centers and will take a 15% stake in the ...

The artificial intelligence (AI) revolution promises to reshape the global economy in unprecedented ways. Recent research ...

Applied Digital announced the energization of its HPC data center's main substation in Ellendale, advancing its build-out for AI applications. Applied Digital Corporation has announced a ...

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Australia's Macquarie on Tuesday agreed to take a 15% stake in Applied Digital's high-performance computing business and ...

Shares of Applied Digital rose about 20% before the opening bell. Since the launch of ChatGPT in late 2022, providers of ...

The deal follows strong investor interest in businesses connected to the AI boom.

The company's stock closed nearly 10% higher on Tuesday after Australia's Macquarie announced it would invest up to $5 billion in Applied Digital's AI data centers and take a 15% stake in the ...

Australian bank Macquarie will invest up to $5 billion in data centers being built by Applied Digital. Shares in the AI ...