Applied Digital (APLD) Enters $5B Agreement with Macquarie Asset Management

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Go back to Applied Digital (APLD) Enters $5B Agreement with Macquarie Asset Management

Applied Digital Agrees to Build a Partnership with Macquarie Asset Management for Funding of up to $5.0 Billion to Drive HPC Growth

January 14, 2025 7:00 AM EST

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 Companys Ellendale High Performance Computing (HPC) data center campus (the Ellendale HPC Campus).Agreement to provide MAM a right to invest up to an additional $4.1 billion across Applied Digitals future HPC data center pipeline.The... More