Tag: Data Centre

Future Fund lifts stake in CDC Data Centres by $1.8bn

Posted on   |  by Justin Hendry
Australia’s sovereign wealth fund has boosted its stake in Canberra Data Centres, the largest provider of data centre services to the federal government, in a transaction that values the...

Services Australia inks $226m data centre deal

Posted on   |  by Justin Hendry
Services Australia will pay the largest provider of data centre services to the federal government almost $4 million per month over the next five years under a new hosting...

Australia must find its place in the global AI economy

Posted on   |  by Helen Zhang
The global AI race is fully taking shape. Billions have been invested by leading frontier AI developers like OpenAI in the United States and Huawei in China. Beyond Washington...

National data centre strategy talks break cover

Posted on   |  by Justin Hendry
The Albanese government is in early talks with industry to develop a national data centre strategy that helps steer the sector as the immense compute needs of AI workloads...

China-linked investors offload Sydney data centre for $2b

Posted on   |  by Brandon How
Chinese-owned data centre provider Global Switch Australia will be acquired by asset manager HMC Capital for $2 billion, more than four years after federal government agencies were told to...