The data centre debate gets real: Goodman's setback and Firmus' nearing IPO.
Goodman Group has abandoned its $1.2 billion Lane Cove data centre after a fierce community and political backlash, raising questions on if Australia's AI infrastructure boom is hitting its first real bump. Meanwhile, Firmus confirms its long-rumoured deal with Meta — worth up to USD750 million in annual earnings. Plus Wall Street heavyweight Millennium emerges as a surprise appearance at Firmus’ IPO presentation, as the hedge fund expands its Australian presence.
We discuss:
Why Goodman Group pulled the plug on its Project Mars data centre
Whether Lane Cove is a one-off or the first sign of…
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