Macquarie hopes for AirTrunk redux with $8b AI data centre bet
1 day ago · Macquarie will invest up to $8 billion in Nasdaq-listed Applied Digital, funding the construction of a major data centre to service the fast-growing demand for artificial intelligence processing ...
Australia's Macquarie eyes $5B investment in Applied Digital
14 hours ago · The campus is the one of several Applied Digital datacenters that Macquarie intends to plow money into. Under the agreement, the financial services firm has been granted first right of refusal for all future AI datacenters Applied may pursue over the next 30 …
Australia's Macquarie to invest up to $5 billion in Applied Digital ...
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 rose about 20% before ...
Macquarie to Invest Up to $5 Billion in Applied Digital AI Data …
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 investment ...
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 deal makes Macquarie the NASDAQ-listed company’s largest shareholder, according to LSEG data. The numbers: The investment from the unit, MAM, includes US$900 million for a high-performance computing (HPC) data centre ...
Macquarie in $8b AI data centre play — Capital Brief
2 days ago · 1. AI centres: Macquarie Asset Management (MAM) will invest up to US$5 billion ($8.09 billion) in Applied Digital's AI-focused data centres, including a 15% stake. The deal includes US$900 million in preferred equity for a high-performance computing campus in North Dakota and a 30-month right of first refusal to invest an additional US$4.1 billion in future projects.
Next generation AI is revolutionising organisational processes and ...
Jan 25, 2023 · Macquarie Capital has expanded its M&A coverage to include AI and ML, bringing software and technology expertise to the rapidly growing sector.
GenAI’s true value will become clearer in 2025 | Macquarie Group
Oct 22, 2024 · 2025 is expected to be a watershed year for Generative AI (GenAI) as the fog of hype clears and its true potential becomes better understood through analysis of its deployment across multiple use cases in a diverse range of industries.
Macquarie takes an ‘AI-first approach’ in banking - Financial Review
Jun 19, 2023 · Macquarie will apply an “AI-first approach” across its retail bank and is working with Google to include AI-powered features in its app this year, to help customers forecast cash flow and...
Macquarie boosts its bet on data centers amid AI boom
1 day ago · Macquarie has inked a partnership to invest up to $5 billion in data center projects developed by Applied Digital.. The move marks the Australian bank’s latest effort to double down on a market underpinning the AI revolution. Data centers, which can be likened to picks and shovels of the AI gold rush, have become a major draw for investors, from billionaires to private investment firms to LPs.
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