Macquarie Commits Up to $5 Billion to Applied Digital’s AI Data Centers

The investment includes $900 million for a North Dakota facility and positions Macquarie for further stakes in the rapidly growing AI infrastructure sector.

• Macquarie Group has agreed to invest up to $5 billion in Applied Digital's data center projects, including an initial $900 million for a North Dakota campus.
• The deal grants Macquarie a 15% stake in Applied Digital’s high-performance computing business while the company retains majority control at 85%.
• Macquarie also secured the right of first refusal to invest an additional $4.1 billion in future data center developments over the next 30 months.
• Applied Digital, formerly a cryptocurrency mining firm, has shifted focus to AI infrastructure to meet surging demand for computing power.
• The investment will help Applied Digital manage debt and expand its data center capacity, aligning with broader trends in AI infrastructure funding.

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