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-0.00681044267877415 0.00689151937733102 0.0122539322198801 0.016215339711367 0.0136208853575483 0.0156478028214692 0.0205934814334361 0.0205934814334361
Stock impact report

Applied Digital (APLD) Jumps 14% on AI Optimism [Yahoo! Finance]

Iris Energy Limited (IREN) 
Company Research Source: Yahoo! Finance
Applied Digital grew its share prices by 14.29 percent on Tuesday to close at $41.35 apiece amid positive developments surrounding the artificial intelligence industry, including higher funding from key players. Applied Digital Corp. (NASDAQ:APLD) rallied alongside its counterparts, namely IREN Ltd., TeraWulf, and Cipher Mining, among others, following news that Nvidia Corp. invested $2 billion in CoreWeave, reflecting optimism for the sector despite analysts' concerns of an AI bubble. Additionally, a US-based AI firm, Anthropic, was said to have raised as much as $15 billion in fresh funds to finance its expansion program. According to reports, Coatue and Singapore sovereign wealth fund GIC supported the fundraising program, while Sequoia Capital—an investor in Anthropic's rival, OpenAI—also shelled out for the startup. Recent fundraising programs sparked rosy prospects for listed data center operators and high-performance computing companies such as Applied Digital Corp. (N Show less Read more
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