Sumitomo Mitsui Banking Corporation (“SMBC”) leads a $375 million financing for the Company’s Ellendale High Performance Computing (“HPC”) data ...

A project to bring more electricity to a large data center near Ellendale could mean savings for other customers of ...

The Ellendale High Performance Computing data center campus Applied Digital is developing in North Dakota will get up to $900M of that investment, The Wall Street Journal reported. Macquarie also ...

Under the deal, MAM will invest up to $900 million in Applied's Ellendale campus in development in North Dakota, and has the right of first refusal to invest an additional $4.1 billion in future data ...

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 ...

At today’s build costs, we will have a significant portion of the equity needed to construct over 2.0 GW of HPC data center capacity, including our Ellendale HPC Campus.” While we acknowledge ...

The facility is contingent upon executing a lease with a hyperscaler for the 100 MW Ellendale HPC data center and meeting customary closing conditions. Applied Digital CEO Wes Cummins highlighted ...

APLD has been unable to close a customer for its 100MW data center in Ellendale for more than a year now. This reduces my confidence in management's execution ability. I note that Q2 FY25 EBIT ...

Funds managed by MAM to invest up to $900 million in the Company’s Ellendale HPC data center campus (the “Ellendale HPC Campus”). Agreement to provide MAM a right to invest up to an ...

"The significant progress at the Ellendale HPC campus makes this a ... a significant amount of the equity needed to build data centers that require enormous amounts of power--more than two ...