Questions asked on ChatGPT or AI-generated video made on Synthesys are transforming companies such as data centre operator NextDC and property giant Goodman Group.
The Australian sharemarket climbed on the back of healthcare companies after a set of strong results from some of its biggest players and softer wage data.
Technology group taps investors to boost balance sheet and provide funding to grow its multi-million dollar valued data centre portfolio.
Data centres,once considered a very alternative asset class that was overshadowed by demand for general warehouses are now keenly sought by investors as strong occupier demand keeps vacancy rates at record lows.
The launch of property giant Stockland’s $2 billion-plus data centre precinct in Sydney’s north-west is a reflection of how this infrastructure IT sector has gained significant interest from real estate investors.
Data centre owner NEXTDC has expanded its portfolio with the planned construction of a new complex in Sydney’s north to cater for the surge in the need for data storage and processing requirements
Data centre operators are fast forwarding their expansion strategies – including property acquisitions – amid burgeoning demand for cloud storage.
Boutique developer run by Michael Fox and backed by wealthy investor Robert Costa offloads prime business park west of Melbourne CBD.
The $5.5 billion data centre group is making the most of the rush to the cloud and concerns over data sovereignty,increasing its full year revenue by 14 per cent to $205.2 million.
Remember the old golf store on the corner of Lord and Newcastle streets? Well,the internet lives there now.
Perth is in the midst of an IT love-fest with the construction of Australia's most advanced data centre under way in East Perth.