The launch of China’s DeepSeek AI app is prompting investors to question top AI US companies about their high capital ...
Wall Street spiraled into panic mode Monday when Chinese artificial intelligence (AI) company DeepSeek unboxed a chatbot that ...
We recently compiled a list of the 30 Best and Worst Data Center Stocks. In this article, we are going to take a look at ...
Since ChatGPT burst onto the scene in late 2022, the artificial intelligence (AI) revolution has been nothing short of ...
Applied Digital CEO Wes Cummins talks about the demand signals in the data center space, the progress of the company’s ...
The group’s asset management unit has upped its exposure to the data centre sector through an investment and funding deal ...
In a single week, Macquarie Asset Management has announced two significant investments in Applied Digital and Aligned Data ...
“Applied Digital has a differentiated strategy with access to a ... Macquarie has also invested in Aligned Data Centers to support its growth with significant additional capital.
Applied Digital's Data Center Hosting business generated $36.2 million in revenue during the quarter. The company noted that it's in late-stage discussions with multiple hyperscalers to finalize a ...
The funding deal with Macquarie will help Applied Digital repay debt incurred to build its data centers in North Dakota and further allow the company to recover over $300 million of its equity ...
Jan 14 (Reuters) - Data center operator Applied Digital on Tuesday posted a smaller-than-expected loss for the second quarter, helped by increased demand for high-performance data center ...
This partnership not only validates Applied Digital’s business model but also significantly reduces their capital requirements, allowing them to expand their data center capacity efficiently.