Applied Digital surges 65% on funding deal with investors, including Nvidia
Real Estate
:Applied Digital shares soared nearly 65 per cent to hit their highest level in more than a month on Thursday, after the data center operator said it would receive $160 million in financing from a group of investors, including chip giant Nvidia. Investors in the deal would also include privately owned real estate firm Related Companies. Applied Digital designs and operates data centers to provide digital infrastructure solutions, primarily to businesses looking to adopt generative artificial
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