He said much of the state’s vacant industrial land, a legacy of the manufacturing boom, already had good utility access, positioning Victoria well for the data centre industry.
AI investment boom is creating a virtuous cycle of massive capacity expansion, exponential traffic growth, and an urgent need for network upgrades that support ultra-high density and low-latency connections.
Hyperscalers like Microsoft and Google continue to commit tens of billions of dollars annually to this build-out, with forecasts suggesting their collective capital expenditure could exceed $360 billion in 2025.
An explosion at South Korea’s National Information Resources Service has disabled more than 600 government systems, raising concerns about digital resilience and service concentration in a single facility.
The Singapore funding follows on the heels of the novel $4.6 billion debt deal – linked to carbon, energy and water usage.
This website stores cookies on your computer. These cookies are used to provide a more personalized experience and to track your whereabouts around our website in compliance with the European General Data Protection Regulation. If you decide to to opt-out of any future tracking, a cookie will be setup in your browser to remember this choice for one year.
