ASX-listed data centre operator NextDC says it will spend up to $2.7 billion building facilities this year, meaning the company must take on more debt to meet the surging demand for infrastructure that powers artificial intelligence.
Announcing its half-yearly results on Wednesday evening, the company said it expected its capital expenditure to be in the range of $2.4 billion to $2.7 billion for the full year, up from earlier guidance, after customers committed to leasing an extra 240.5 megawatts of computing capacity last year.
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