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Australian data centre operator NEXTDC to raise $795 mln for AI infrastructure
Source: reuters.com
Artificial IntelligenceTechnology & InnovationCapital Returns (Dividends / Buybacks)Company Fundamentals
NEXTDC plans to raise A$1.1 billion (US$795.6 million) through convertible notes, marking its third fundraising in just over four months. The capital raise will support increased investment in AI data-centre infrastructure, signaling continued expansion but also a substantial reliance on external financing.
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