Australia's Megaport secures four new AI infrastructure contracts, to raise $594 million
Technology / 03.06.2026

Australia's Megaport secures four new AI infrastructure contracts, to raise $594 million

The four contracts, all with U.S.-based technology providers running AI applications, are expected ‌to start ⁠in the ⁠first half of 2027 and require nearly A$369.5 million in capital expenditure, ​primarily for high-performance Nvidia GPUs, network and storage infrastructure.

Synopsis The four contracts, all with U.S.-based technology providers running AI applications, are expected ‌to start ⁠in the ⁠first half of 2027 and require nearly A$369.5 million in capital expenditure, ​primarily for high-performance Nvidia GPUs, ... [2064 chars]

Published by: The Economic Times

Read full article here: https://economictimes.indiatimes.com/tech/artificial-intelligence/australias-megaport-secures-four-new-ai-infrastructure-contracts-to-raise-594-million/articleshow/131474576.cms

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