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Macquarie to invest up to $5 bln 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.
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.
Data center companies investing in Brazil
Brazil is rapidly emerging as a key hub for data centers, with billions of dollars in investments expected in the coming years. The surge is largely attributed to the exponential rise of artificial intelligence and growth constraints in larger markets in the U.
1h
on MSN
Mega data centers are coming to Minnesota. Their power needs are staggering
Facebook’s parent company is building Minnesota’s first mega data center in Rosemount to house its fast-growing need for ...
2d
on MSN
Texas continues to grow as tech hub with $1 billion data center project
Texas' growth as a technology and data homebase isn't slowing down anytime soon. This week, three firms announced the ...
Bisnow
15h
KKR, Pension Fund Acquire $2.8B Stake In Utility Giant To Fuel Data Center Push
KKR and Canada’s Public Sector Pension Investment Board are acquiring a 19.9% stake in a trio of power transmission companies ...
4d
on MSN
Microsoft data center will use enough electricity for 300,000 homes. Here's what to know about it.
The first phase alone of Microsoft’s data center in Mount Pleasant will likely require the same amount of electricity needed ...
5d
Who Is the Developer Behind Trump’s $20 Billion Data Center Pledge?
Hussain Sajwani, the founder and chairman of DAMAC Properties of Dubai, built the first Trump-branded golf course in the ...
2d
How Nvidia is creating a $1.4T data center market in a decade of AI
Currently, we estimate that Nvidia accounts for roughly 25% of the entire data center segment. Our view is that Nvidia will retain that leading share throughout the forecast period — assuming it ...
Space on MSN
3d
NASA Solar Dynamics Observatory back online after 2024 data center flood
The spacecraft themselves continued to operate normally in Earth orbit during the outage and "no science data has been lost." ...
5d
Microsoft data center will be the state's largest electricity user. Power needs equal 300,000 homes
Microsoft data center will consume a massive amount of electricity, enough to power several hundred thousand homes.
3d
on MSN
Plans for a new data center in south Fort Worth get mixed city and public reactions
A digital rendering of a data center facility Black Mountain Energy Storage hopes to construct in south Fort Worth, as viewed ...
Hosted on MSN
20h
Qualcomm is hiring a data center chip architect for Snapdragon-based reference server designs
Qualcomm is assembling a team of developers to design server processors for the data center. Evidence of this comes via a ...
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