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Applied Digital Secures $5 Billion Funding for HPC Business Segment in Partnership with Macquarie Asset Management
Contract Type
partnership
DallasInformation TechnologyData CenterIT InfrastructureDescription
Applied Digital has secured a partnership with Macquarie Asset Management for a $5 billion investment to support its mission of solving real-world challenges in AI and high-performance computing while focusing on sustainability. The partnership will help Applied Digital build and develop the Ellendale HPC Campus, a 400-megawatt facility designed to meet the growing demand for high-performance computing.
Quick answer
Applied Digital Secures $5 Billion Funding for HPC Business Segment in Partnership with Macquarie Asset Management (January 17, 2025). Applied Digital Cloud is based in Dallas, Texas, United States.
- What agreement did Applied Digital Cloud announce on January 17, 2025?
- Applied Digital has secured a partnership with Macquarie Asset Management for a $5 billion investment to support its mission of solving real-world challenges in AI and high-performance computing while focusing on sustainability. The partnership will help Applied Digital build and develop the Ellendale HPC Campus, a 400-megawatt facility designed to meet the growing demand for high-performance computing.
- What does Applied Digital Cloud do?
- Applied Digital Corporation (Nasdaq: APLD) designs, develops and operates next-generation data centers across North America to provide digital infrastructure solutions to the rapidly growing high-performance computing...
- Where is Applied Digital Cloud based?
- Applied Digital Cloud is based in Dallas, Texas, United States.
Source: Fundz verified event record.
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