ByYessar Rosendar,
Forbes Staff.
Australian data center operator NextDC and OpenAI are building an AI-powered data center in Sydney as the San Francisco-based owner of ChatGPT scales up its footprint in the Asia Pacific.
The partners would develop and operate a 550-megawatt next-generation hyperscale AI data center facility at NextDC’s campus in Eastern Creek, about 45 kilometers west of central Sydney, NextDC said in a statement on Friday. NextDC shares jumped as much as 11% in Sydney trading, before closing 3.1% higher.
The A$7 billion ($4.6 billion) data center to be built on a 258,000-square-meter site the of NextDC’s S7 facility, will serve OpenAI clients such as Commonwealth Bank of Australia and retail giant Wesfarmers.
