Data centres
Regional managing director Stephen Bovis is focused on servicing booming cloud demand from corporates and government, including helping host their AI tools.
The peak body for the local data centre industry has pushed back against the government’s “strange” data centre plan, which will require hyperscalers to contribute to the energy transition.
The case against data centres in Australia is being built on US examples, even though the local industry operates on a very different scale.
Fresh from a surprise Nasdaq IPO, Sharon AI is pressing ahead with plans for a rapid ASX listing while ramping up AI compute capacity in Melbourne.
It sounds like a plot line out of a Marvel movie. But Cortical Labs has launched what it claims is the world’s first biological data centre, using human brain cells — and much less energy than traditional infrastructure.
The company told Capital Brief that it is building a team stateside to win hyperscaler clients and ‘lead Australia’s token export market’.
The Sydney-headquartered company has no data centre developments in Australia but says it remains committed to its home city.
Australia is world-class at building startups then watching them list abroad. Firmus is the ASX’s clearest chance in years to break that cycle.
Michael Juniper says he is focused on closing the gap between the company’s market value and the underlying value of its assets.
While AI factory builder Firmus steals the headlines at home, local investors woke this morning to find rival upstart Sharon AI trading on the Nasdaq.
The data centre unicorn’s claims about cooling tech, land and energy use have shifted fast. Bulls say its because AI is moving at warp speed, but others aren’t convinced.
A trillion-dollar AI buildout is reshaping global power, and Australia must decide whether to host it or depend on it.
Firmus is speeding towards the ASX with its AI infrastructure pitch, but market nerves are jangling over governance and its shifting strategy.
While big name money is backing Firmus, not everyone in the market is convinced by the story, with its co-founder’s colourful past and sustainability claims among the concerns.
After two decades building a steady industrials empire, Wes Maas has shocked the market by offloading half his business to chase growth in data centres.
The USD300 billion alternative asset manager has become one of the world's biggest players in AI infrastructure, but has also been at the centre of market bubble jitters.
Nvidia-backed Firmus Technologies has planted its flag in the Sydney CBD, signalling its growing mainland footprint ahead of a mooted ASX float.
