{"id":896023,"date":"2025-01-15T10:59:48","date_gmt":"2025-01-15T05:29:48","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=896023"},"modified":"2025-01-15T10:59:48","modified_gmt":"2025-01-15T05:29:48","slug":"applied-digital-posts-smaller-than-expected-loss-on-demand-for-cloud-services","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/01\/15\/applied-digital-posts-smaller-than-expected-loss-on-demand-for-cloud-services\/","title":{"rendered":"Applied Digital posts smaller-than-expected loss on demand for cloud services"},"content":{"rendered":"<p>Jan 14 (Reuters) &#8211; Data center operator Applied Digital on Tuesday posted a smaller-than-expected loss for the second quarter, helped by increased demand for high-performance data center infrastructure and cloud services business.<\/p>\n<p>The company&#8217;s stock closed nearly 10% higher on Tuesday after Australia&#8217;s Macquarie announced it would invest up to $5 billion in Applied Digital&#8217;s AI data centers and take a 15% stake in the company&#8217;s high-performance computing business.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jan 14 (Reuters) &#8211; Data center operator Applied Digital on Tuesday posted a smaller-than-expected loss for the second quarter, helped by increased demand for high-performance data center infrastructure and cloud services business. The company&#8217;s stock closed nearly 10% higher on Tuesday after Australia&#8217;s Macquarie announced it would invest up to $5 billion in Applied Digital&#8217;s AI data centers and take a 15% stake in the company&#8217;s high-performance computing business.<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-896023","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/896023","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=896023"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/896023\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=896023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=896023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=896023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}