The Australian Energy Market Operator estimates data centres will consume 6% of Australia’s grid-supplied electricity by 2030. To put that in context, that’s more than the current share of Australia’s healthcare and social assistance industry. This reflects the rapid growth of Australia’s data centre industry – the backbone of artificial intelligence (AI). This growth is,… Read more »
The largest data centre in the southern hemisphere will be built in New South Wales after local provider CDC Data Centres’s proposal received approval. The NSW government last week approved the plan for a $3.1 billion hyperscale data centre at Marsden Park, about 36km north-west of the Sydney CBD. First announced in October last year,… Read more »
Firmus Technologies has become the latest Australian-founded startup to reach unicorn status, after the data centre infrastructure business raised $330 million in a round backed by US chip giant Nvidia. Local investor Ellerston Capital has also backed the Singapore-based company, founded by Australian entrepreneurs Oliver Curtis, Tim Rosenfield and Jonathan Levee in 2019. The company… Read more »
Eight-year-old Sydney cloud data centre startup AirTrunk is set to be acquired by US private equity firm in a deal worth a reported $20 billion. The Financial Times reports that the cloud computing and artificial intelligence business, founded by CEO Robin Khuda, who immigrated to Australia from Bangladesh when he was 18, has been part… Read more »
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