Macquarie injects up to $8b into Applied Digital's AI expansion

1 day ago · The news: Macquarie's asset management arm has agreed to invest up to US$5 billion ($8.09 billion) in Applied Digital’s AI-focused data centres, including a 15% stake. The …

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Macquarie Injects Up To $8b Into Applied Digital's AI Expansion

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1 day ago · The news: Macquarie's asset management arm has agreed to invest up to US$5 billion ($8.09 billion) in Applied Digital’s AI-focused data centres, including a 15% stake. The …

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Macquarie Spends $8b To Ride US Data Storage Boom

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22 hours ago · Before Applied Digital, Macquarie had a controlling stake in Asia Pacific data centre company AirTrunk up until it was sold to Blackstone in a blockbuster $24 billion in late …

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Macquarie To Invest Up To $5 Billion In Applied Digital AI Data …

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Macquarie also has a right of first refusal to invest an additional $4.1 billion in future Applied Digital data centers for 30 months, aligning with the company’s expansion plans. The …

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Macquarie To Invest Up To $5 Billion In Applied Digital AI Data

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Macquarie also has a right of first refusal to invest an additional $4.1 billion in future Applied Digital data centers for 30 months, aligning with the company’s expansion plans. The …

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Australian Firm Macquarie Invests $5b In AI Data Centers - Tech In …

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22 hours ago · Australia’s Macquarie Group has acquired a 15% stake in Applied Digital’s high-performance computing division and pledged up to US$5 billion for its AI data center projects.

techinasia.com

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ASX Market Update: Bourse Inches Higher After Paring Gains - MSN

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Macquarie Group (ASX:MQG) has been up 0.2% on the news it will invest up to $8B in Nasdaq-listed Applied Digital (NYSE:APLD). The investment will fund the construction of a major data …

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Macquarie Bets $8 Billion On AI Data Centre With Applied Digital ...

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Macquarie Asset Management is set to invest up to $8 billion in Nasdaq-listed Applied Digital to fund the construction of a state-of-the-art data centre in North Dakota, catering to the surging …

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Australia's Macquarie To Invest Up To $5 Billion In Applied Digital ...

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1 day ago · Macquarie's asset management arm has agreed to invest up to $900 million in a data center campus that Applied Digital is developing in North Dakota. Shares of Applied Digital …

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#Bitcoin Breaks $100K In A Game-Changing 2024 - YouTube

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FAQs about Macquarie injects up to $8b into Applied Digital's AI expansion Coupon?

How much will Macquarie invest in AI?

Photo: Brent Lewin/Bloomberg News Macquarie will invest up to $5 billion in data centers being built by artificial-intelligence infrastructure company Applied Digital APLD -6.33%, adding to the Australian bank’s substantial AI-related investments. ...

Will Macquarie invest $900 million in applied digital data centers?

Macquarie’s asset-management arm agreed to invest up to $900 million in a data-center campus that Applied Digital is developing in North Dakota. Macquarie also has a right of first refusal to invest an additional $4.1 billion in future Applied Digital data centers for 30 months, aligning with the company’s expansion plans. ...

Will Macquarie Group invest $8B in Applied Digital (APLD)?

Macquarie Group (ASX:MQG) has been up 0.2% on the news it will invest up to $8B in Nasdaq-listed Applied Digital (NYSE:APLD). The investment will fund the construction of a major data centre to service AI processing in the U.S. Macquarie has been $225.70. The ASX200 has been up 0.11% at 8,240 points amid positive investor sentiment. ...

Will Macquarie buy applied digital?

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. ...

Why is Macquarie looking for more data centre acquisitions?

Macquarie Technology Group is eyeing more data centre acquisitions as customer demand for sovereign cloud and artificial intelligence (AI) soars. The company's data centres unit expanded its IC3 Super West data centre in August to an IT load of 45 megawatts due to the "AI megatrend” and is now exploring new sites for further expansion. ...

How will applied digital & Macquarie's New funding work?

Applied Digital and Macquarie did not immediately respond to Reuters' requests for comment. The new funding will be used to repay debt Applied Digital took on to build the facilities in North Dakota and will allow it to recover over $300 million of its equity investment in them, the report said. ...