OpenAI strikes deal on $4.6 billion AI centre in Australia

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ChatGPT maker OpenAI and an Australian data centre operator have agreed to develop a multibillion-dollar AI centre in Sydney.

Brisbane-headquartered NextDC said Friday it signed a memorandum of understanding with OpenAI to develop an artificial intelligence campus and a “supercluster” of graphics processing units.

The two firms will collaborate on planning, development and operation of the AI infrastructure partnership in western Sydney, NextDC said in a statement.

NextDC shares were up 4.1% in early afternoon trade.

Australia’s government said the…



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OpenAI strikes deal on $4.6 billion AI centre in Australia



ChatGPT maker OpenAI and an Australian data centre operator have agreed to develop a multibillion-dollar AI centre in Sydney.

Brisbane-headquartered NextDC said Friday it signed a memorandum of understanding with OpenAI to develop an artificial intelligence campus and a “supercluster” of graphics processing units.

The two firms will collaborate on planning, development and operation of the AI infrastructure partnership in western Sydney, NextDC said in a statement.

NextDC shares were up 4.1% in early afternoon trade.

Australia’s government said the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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