{
  "id": 2293239,
  "title": "Famous Hedge Fund Tiger Global Opened a New Position in This 1 AI Stock",
  "url": "https://urgent.news/2026/08/19/famous-hedge-fund-tiger-global-opened-a-new-position-in-this-1-ai",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-19T16:33:06.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/technology/ai/articles/famous-hedge-fund-tiger-global-163306797.html"
  },
  "original_language": "en",
  "account": "Tiger Global Management, a leading hedge fund, recently increased its stake in Applied Digital (APLD), a firm that designs and operates data centers specifically for AI workloads. In its latest 13F filing with the SEC, Tiger Global purchased 885,000 shares of APLD, valued at $33 million. This investment represents 0.14% of the firm's entire portfolio. Applied Digital, with a market cap of $8.3 billion, has experienced a 560% gain over the past two years, yet the stock is down nearly 45% from its highest point. The company expects to reach $1 billion in net operating income within the next year, earlier than previously anticipated. Tiger Global's investment in Applied Digital and other data-center and crypto-mining companies suggests a growing confidence in the infrastructure supporting AI companies.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}