Macquarie To Invest Up To $5 Billion In Applied Digital AI Data Centers

Deal follows strong investor interest in businesses connected to the AI boom.

Macquarie will invest up to $5 billion in data centers being built by artificial-intelligence infrastructure company Applied Digital, adding to the Australian bank’s substantial AI-related investments.

Macquarie’s asset-management arm agreed to invest up to $900 million in a data-center campus that Applied Digital is developing in North Dakota. Macquarie…