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Latest News In Cloud AI - Applied Digital Expands AI Infrastructure with $5 Billion Partnership
Applied Digital Corporation has announced a substantial investment partnership with Macquarie Asset Management to enhance its high-performance computing (HPC) capabilities, with funding commitments reaching up to $5 billion. This strategic initiative involves an initial investment of up to $900 million to develop the Ellendale HPC Campus, with provisions for additional investments totaling $4.1 billion across future projects. The partnership aims to solidify Applied Digital's position in the...