"At today's build costs, we will have a significant portion of the equity needed to construct over two gigawatts of HPC datacenter capacity, including our Ellendale Campus," Applied Digital CEO Wes Cummins said in a statement.
"Macquarie intends to plow money into several Applied Digital datacenters. Under the agreement, the financial services firm has been granted first right of refusal for all future AI datacenters Applied may pursue over the next 30 months up to $4.1 billion."
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