Entity
NextDC
NextDC is an Australian data center operator that builds and manages facilities for computing infrastructure, with a growing focus on supporting artificial intelligence workloads.
Why it’s in the news: It is in the news due to a significant share price drop following backlash over power usage and a revenue delay, alongside major capital raises to fund AI expansion.
Latest on NextDC
- Australian data center operator NextDC shares fall 40% after power backlash
- Australian AI data centre operator NextDC shares shed 44% on revenue delay
- NextDC raises A$1.1bn in convertible notes, its third capital raise in four months
- Australian data centre operator NEXTDC to raise $795 million for AI infrastructure
- Australia data centre firm NextDC reports rising water, energy use with profit beat
- Australia's NEXTDC signs $1.6 billion senior debt facilities to fund expansion
- Australian data centre group falls 44% on profit warning
Connections
14 entities linked to NextDC across the news graph.
Under pressure from (1)
Also connected to (13)
Australian data center operator NextDC shares fall 40% after power backlashAustralian AI data centre operator NextDC shares shed 44% on revenue delayAustralian data centre operator NEXTDC to raise $795 million for AI infrastructureNextDC sharessector woesAustralian Securities Exchangerevenue forecastcustomer deployment timelinesAI data centre operatorAustralianAustralian AISECAustralia