NEXTDC Stock News

Australia's NEXTDC said on Wednesday it seeks to raise A$1.1 ​billion ($795.63 million) through convertible notes, its third fundraising in just over ‌four months, as the data centre operator ramps up investment in AI infrastructure.

Australian data centre developer NextDC said water and energy consumption rose in the past year as demand for computing capacity drove profit ahead of forecasts, figures which ​may feed public disquiet about the AI boom's draw on resources.

Australian data center operator NEXTDC said on Friday it had ​signed new senior debt facilities ‌of A$2.3 billion ($1.60 billion) to support capital expenditure required for recent customer ​contract wins and ongoing data ​center developments.