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Macquarie, Digital and Investment bank
Macquarie to Invest Up to $5 Billion in Applied Digital AI Data Centers
The deal follows strong investor interest in businesses connected to the AI boom.
Applied Digital stock jumps on report Macquarie investing up to $5B
Shares of Applied Digital (NASDAQ:APLD) jumped 25% premarket on Tuesday after the Wall Street Journal reported that Macquarie will invest up to $5B in data centers being built by the artificial-intelligence infrastructure company.
Macquarie to invest up to $5 billion in Applied Digital data centers, WSJ reports
Investment bank Macquarie will invest up to $5 billion in Applied Digital's AI data centers and will take a 15% stake in the company, the Wall Street Journal reported on Tuesday.Shares of the data center operator jumped over 20% in premarket trading.
Applied Digital Shares Climb on $5B Data Center Investment From Macquarie
Applied Digital shares climbed Tuesday after the company confirmed that Macquarie Asset Management would invest up to $5 billion in the AI company's data centers. Shares were recently up 23% to $9.55 in premarket trading.
Wall Street Journal
2d
Opinion: Free Expression
Gerry Baker is Editor at Large of The
Wall
Street
Journal
. His weekly column for the editorial page, “Free Expression,” appears in The
Wall
Street
Journal
each Tuesday. Mr. Baker is also ...
12d
on MSN
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