Private-equity giant Blackstone is set to breathe new life into Australia’s data centre sector with the type of deal underpinning a $US3 trillion ($4.3 trillion) rush in the United States that is now spreading globally.
After a summer of talks, Blackstone’s getting ready to bankroll Oliver Curtis’ Australian artificial intelligence factory upstart, Firmus Technologies, which needs tens of billions of dollars to rent and build giant data centres that would service big US technology companies and their large language models.
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