The NSW Government’s Investment Delivery Authority (IDA) has received 48 major investment proposals worth $136 billion in just 10 weeks since it opened the first round of expressions of interest. Treasurer Daniel Mookhey announced IDA in the June budget, setting aside $17.7 million to get it up and running to “cut through red tape” and… Read more »
When Australian Prime Minister Anthony Albanese meets US President Donald Trump on Monday, the visit is expected to seal major big tech investment deals on artificial intelligence (AI) and data centres. In the lead-up, Atlassian cofounder Scott Farquhar (in his role as chair of the Tech Council of Australia) has been pitching a plan to… Read more »
Australian-founded AI infrastructure startup Firmus Technologies is heading to mainland Australia with a $73.3 billion plan in partnership with CDC Data Centres and Nvidia to build four more AI data centres in capital cities. The initial deal for Project Southgate – the plan to build an AI data centre in Tasmania – is worth $4.5 billion,… Read more »
Amazon Web Services (AWS) says it will invest A$20 billion to expand data centre infrastructure in Australia over the next five years. Prime minister Anthony Albanese, on his way to the G7 Summit in Canada, met with AWS CEO Matt Garman in Seattle over the weekend for the announcement. The infrastructure rollout by 2029 will… Read more »
Our insatiable demand for digital content and services has been driving a rise in energy-hungry data centres. The International Energy Agency reports global data centre electricity consumption could double in a few short years, reaching 1,000 terawatt hours (TWh) by 2026. That’s roughly the same as generated by the whole of Japan per year. Some… Read more »
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