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.
Under the terms of the deal released by the US Embassy in Canberra, Australia is required to invest an extra 1 trillion dollars ($1,000 billion) in the USA by 2035.
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.
