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Applied Digital, Macquarie and Investment
Australia's Macquarie to invest up to $5 bln in Applied Digital data centers
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.
Applied Digital Stock Jumps on Up to $5B Investment by Australian Fund Macquarie
Key Takeaways Applied Digital shares surged in intraday trading Tuesday after announcing that Macquarie Asset Management is investing up to $5 billion in its high-performance computing data centers.Nvidia is already an investor in Applied Digital data centers and announced a stake in the company last year.
Macquarie Group inks Applied Digital investment and funding deal in US data centre play
Macquarie Group’s asset management unit has upped its exposure to the burgeoning data centre sector in the United States through an investment and funding deal with Applied Digital Corporation, worth up to $US5bn ($8.
5h
Coalition to force PM’s hand on salmon standoff; legislation and binding motions on table
The Coalition will force Anthony Albanese’s hand on Tasmania’s salmon standoff if parliament returns next month, either via ...
2d
Macquarie refuses to say whether it stands by climate commitments
Other major local financial institutions indicated that they remained committed to net zero goals amid a recent pullback by ...
10h
Aussie casino giant Star on brink of collapse as cash runs out
Star is bleeding cash, desperate for funding and – by some analyst estimates – has a 50-50 chance of collapsing. Read more at ...
Mining
1d
Will Indonesia shut the nickel spigot to spur prices?
Between 2020 and 2024, Indonesia added 1.5 million tonnes of new supply to the market. Last year it churned out 2.25 million ...
2d
Macquarie hopes for AirTrunk redux with $8b AI data centre bet
Macquarie’s funds will help Applied Digital complete construction of an AI data centre in North Dakota, and potentially ...
2d
on MSN
Telstra to splash $700m on AI joint venture
The move may lead to further job losses for Telstra which last year announced plans to cut up to 2800 workers.
1d
Jacob James Callaghan, 18, and Jinaya Taylor, 19, charged after alleged birthday party murder of Matthew Callaghan at Gateshead, Lake Macquarie
A teenager has been charged with the stabbing murder of his father on the night of his own 18th birthday party.
10d
on MSN
Endangered little terns nesting in Lake Macquarie after dredging
More than 30,000 cubic metres of dredged sand deposited on a tiny island south of Newcastle in NSW has delighted an ...
Livewire Markets
1d
Where the Australian stock market is headed in 2025
There were massive winners and massive losers on the ASX in 2024. We bring you 2025 outlooks from three major brokers: Buy, ...
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