Funds managed by Macquarie Asset Management (“MAM”) to invest up to $900 million in the Company’s Ellendale High Performance Computing (“HPC”) data center campus (the “Ellendale HPC ...

Thi Refinances senior secured credit facility with former senior lender, lowering overall cost of capital for the Company’s Ellendale High Performance Computing (“HPC”) data center campus ...

Funds managed by Macquarie Asset Management (“MAM”) to invest up to $900 million in the Company’s Ellendale High Performance Computing (“HPC”) data center campus (the “Ellendale HPC Campus”).

including our Ellendale HPC Campus,” said Wes Cummins, chairman and CEO of Applied Digital. “With an 85 percent ownership stake in both existing and future HPC assets and access to a project-level ...

What is the purpose of the Ellendale HPC Campus? The Ellendale HPC Campus is designed to support advanced AI workloads for training and inference, accommodating over 2 GW of capacity. The ...

The investment proceeds from MAM, in conjunction with future project financing, will be used to complete the buildout of the 400 MW Ellendale HPC Campus, repay the existing bridge debt ...

including our Ellendale HPC Campus,” said Wes Cummins, Chairman and CEO of Applied Digital. “With an 85% ownership stake in both existing and future HPC assets and access to a project-level ...

What To Know: The deal will involve MAM investing up to $900 million in the Ellendale HPC Campus and grants MAM the right to invest an additional $4.1 billion in Applied Digital’s future HPC ...