Jul 8, 2026 – 6.04pmSouthern Cross AI (SCX.ai), an AI infrastructure and inferencing service provider backed by Ellerston Capital, is moving swiftly towards an August public float.Chief executive David Keane at SCX’s operational AI facility (data centre) in Alexandria. Louie DouvisSarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?
Brokers fire up the bookbuild for SCX.ai IPO
Adviser emails blasted out on Wednesday told potential investors the company would be formally opening the bookbuild on Thursday morning.
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