Firmus secures USD 10bn Blackstone-led deal to scale AI factories
Firmus Technologies has secured a USD 10 billion private debt financing facility led by funds managed by Blackstone, with support from Coatue, as the company moves to scale its national AI infrastructure platform. The financing is among the largest private debt transactions in Australian corporate history and will fund the next phase of Project Southgate, […]
Why Australia’s data centre market is being reshaped from the ground up
For much of the past decade, Australia’s data centre market was defined by choice. Choice of location, choice of suppliers, and choice of pricing models, particularly for hyperscalers and cloud service providers. That balance has now shifted decisively, and speed has become the dominant competitive force. According to DatacenterHawk senior insight analyst – APAC Donny […]
Firmus extends investment in AI infrastructure supply chain
Australian AI factory developer and operator Firmus Technologies has secured a strategic equity investment from Maas Group Holdings, deepening its commitment to developing an Australian-based supply chain for AI infrastructure and reducing reliance on overseas manufacturing. Announced in Sydney, the investment aligns Maas with Firmus’s long-term strategy to localise the design and production of core […]
NSW parliamentary inquiry puts data centre growth under the microscope
A New South Wales parliamentary inquiry has been launched to examine the rapid expansion of data centres across the state, with a remit that spans planning policy, infrastructure readiness, environmental impacts and economic outcomes. The inquiry, led by the NSW Legislative Council’s Public Accountability and Works Committee, will assess whether the state is adequately prepared […]
Victoria claims AI could add AUD 30 bln to economy over next decade
The Victorian state government has released a new AL mission statement that sets out an ambition to position the state as Australia’s leading AI hub, backed by targeted public investment and a strong emphasis on data centre infrastructure. The strategy claims AI could contribute up to AUD 30 billion in additional gross state product over […]
EdgeMode-BAIF JV acquires AI data centers in Spain and Panama
EdgeMode, a global energy and AI data center infrastructure company, has expanded its joint venture with Blackberry Alternative Investment Fund (BAIF), an energy and infrastructure development group, by acquiring three additional large-scale AI data center development projects, adding 2 GW of planned capacity. The new projects – DC Villasequilla (600 MW), DC Tomelloso (450 MW), […]
WinDC and Megaport partner on renewable-powered sovereign AI infrastructure
Australian AI infrastructure provider WinDC has announced a strategic partnership with network-as-a-service provider Megaport to connect renewable-powered “AI Factories” directly to Megaport’s global NaaS platform. The companies say the partnership will allow high-density AI compute deployed at solar, wind and hydro generation sites to be accessed by organisations across Australia and internationally, while running behind […]
Southern Cross AI launches sovereign AI inferencing node in Sydney
Australian AI infrastructure start-up Southern Cross AI (SCX.ai) has launched what it claims is the country’s first sovereign AI inferencing node, deployed at Equinix’s SY5 data centre in Sydney, targeting enterprises and government agencies requiring onshore data processing and lower environmental impact. The company claims the system will deliver AI inferencing that is ten times […]
NextEra Energy looks to increase nuclear power output for data centers
NextEra Energy, an American energy company, may expand its nuclear capacity by as much as 9 GW to cater to its data center customers. It revealed these plans during a recent earnings call. NextEra recently shared its fourth-quarter results, and while on a call with investors, John Ketchum, chairman, president and CEO, NextEra Energy, said, […]
Aware Super backs Vantage APAC with USD 300m data centre investment
Australian superannuation fund Aware Super is extending its exposure to digital infrastructure in the Asia-Pacific region, committing USD300 million (around AUD 460m) to the Skyline JV data centre business, which indirectly owns Vantage Data Centers APAC. The investment gives Aware Super a minority stake in Vantage’s Asia-Pacific platform, which owns and operates more than 10 […]