Data centres could hit 30% of NSW load – and drive down network costs
New South Wales electricity distributors Ausgrid, Endeavour Energy and Essential Energy have warned that data centre demand could account for as much as 30 percent of the state’s electricity load by 2040, arguing that coordinated planning and designated data centre precincts will be needed to avoid inefficient network investment and rising costs. Appearing before the […]
IREN targets Bundey transmission hub for 800MW Australian data centre campus
Australian AI cloud provider IREN has announced plans for its first Australian data centre campus, selecting a site at Bundey in South Australia where it has secured an 800MW transmission connection through one of the state’s most significant future energy infrastructure hubs. The company said it has signed a transmission connection agreement supporting a planned […]
Firmus and SUBCO to build new subsea fibre link to Tasmania
Australian AI infrastructure developer Firmus Technologies and submarine cable operator SUBCO have announced plans to build a new subsea fibre connection between Tasmania and mainland Australia, marking the state’s first new undersea telecommunications link in more than two decades. The new cable, known as Bernacchi-1, will connect Tasmania into SUBCO’s SMAP cable system and deliver […]
IREN closes USD 3.65bn financing for Microsoft AI infrastructure deal
Australian AI cloud provider IREN has secured USD 3.65 billion in investment-grade financing to support delivery of its multi-billion-dollar AI infrastructure agreement with Microsoft, marking what the company claims is the highest-rated GPU-backed financing announced to date. The financing supports deployment of Nvidia GB300 GPU infrastructure under IREN’s previously announced USD 9.7 billion contract with […]
SoftBank to invest €75 billion in AI Data Center buildouts across France
SoftBank Group Corp (SoftBank), a Japanese multinational investment holding company, has committed to building and operating 5 GW of AI data center capacity in France, in a project the company values at €75 billion (US$ 87 billion). The first phase, comprising an initial €45 billion investment to deliver 3.1 GW of AI data center capacity […]
Tekcapital plc launches Vesari Inc. to develop geothermal-powered AI data centers
Tekcapital plc, a UK investment company, has formed a fifth U.S incorporated technology portfolio company, Vesari Inc., to commercialise intellectual property related to geothermal-powered AI hyperscale data centers. Vesari will focus on developing AI computing infrastructure co-located with geothermal power generation and designed to operate independently from traditional electricity grids. The company also plans to […]
Melbourne: operators tackle power and water constraints, back prefab push
Transmission bottlenecks, gigawatt-scale customer demands, and the shift to modular construction dominated a candid panel discussion on next-generation data centre design at the recent Melbourne Cloud & Datacenter Convention, with four senior industry figures painting a picture of an industry actively working through constraints rather than being stopped by them. The session, Constructing the Next-Gen […]
Japan’s Datasection bets on dominance with GPU supercluster ambitions
Datasection, a Tokyo Stock Exchange-listed company that until recently was known primarily for data analytics and marketing services, recently posted revenues of JPY 33.6 billion (approximately USD 217 million) for the fiscal year ended March 2026 – a 933% increase on the prior year – almost entirely on the back of a pivot into AI […]
WinDC wants Australian data centres built around energy, not cities
WinDC founder and CEO Andrew Sjoquist has spent more than a decade inside Australia’s energy system, helping connect over six gigawatts of generation assets to the national electricity market. When he views the data centre industry’s current infrastructure debate, he thinks it is asking the wrong question. “Everyone is trying to solve the same problem […]
Beyond compliance: OVHcloud makes the structural case for sovereignty in ANZ
OVHcloud’s launch of its first Asia Pacific Local Zone in Auckland, New Zealand, through a partnership with Datacentre220, is the visible tip of a broader strategic push into the region. Behind the infrastructure announcement lies a considered approach to sovereignty that the service provider argues goes well beyond the claims of its larger American rivals […]