Data Centres

[Dona Ferentes]

Following these concerns, the government is now considering restricting foreign cloud companies from handling certain government data sets - which could prove to be a major win for small local players like soon-to-be-floated AUCloud. AUCloud is positioning itself as Australia's sovereign cloud Infrastructure-as-a-Service (IaaS) provider, and is exclusively focused on government and critical national infrastructure industry communities.

AUCloud initially raised $10 million in 2017 from seed investors including Icon Group founders Cathie Reid and Stuart Giles, a personal investment from Paradice Investment Management fund manager, James McBeath and Bevan Slattery. A year later it raised another $10 million. WAM Microcap Fund tipped in $2.5 million via a cornerstone placement. AUCloud this year has raised nearly $7.5 million via a rights issue, in which serial entrepreneur and founding investor Bevan Slattery took up his full rights.

Ms Reid, who is chairman, Mr Giles and Mr McBeath's family together control nearly 40 per cent of AUCloud, which is slated for an ASX listing in either November or December.

listed as SOV in 2020

Edit: hasn't done very well at all.

SOV - Sovereign Cloud Holdings

AUCloud is an Australian sovereign cloud Infrastructure as a Service (IaaS) provider exclusively focused on the Australian Government, the Australian Defence Force (ADF) and Critical National Industry communities (CNI). The Australian Government invests in Information and Communication...

www.aussiestockforums.com

 

[Dona Ferentes]

from the US

expansion of AI hinges on something few people are discussing… energy.

A surge in energy demand is imminent. Within a year, the five-year growth forecast for national electricity demand has jumped from 2.6% to 4.7%. Much of this demand surge will come from artificial intelligence.

Source: Grid Strategies​

AI-driven technologies need substantial energy and energy infrastructure to support them. Schneider Electric projects that AI-driven power use will grow 25%–33% annually through 2028.

Much of that power use will happen at new data centers sprouting up around the country. The US data center construction market is projected to grow from $20.21 billion in 2022 to $28.56 billion by 2028.

Boston Consulting Group expects data centers’ share of electricity use to triple to 7.5% by 2030, driven in large part by the expansion of AI.

Source: Boston Consulting Group​

 

[Dona Ferentes]

from the US
...expansion of AI hinges on something few people are discussing… energy...

... still US focused

“ ‘There’s a fundamental mismatch between this technology and environmental sustainability,’ [Alex] de Vries said. Recently, the world’s most prominent A.I. cheerleader, Sam Altman, the C.E.O. of OpenAI, voiced similar concerns, albeit with a different spin. ‘I think we still don’t appreciate the energy needs of this technology,’ Altman said at a public appearance in Davos. He didn’t see how these needs could be met, he went on, ‘without a breakthrough.’ He added, ‘We need fusion or… radically cheaper solar plus storage, or something, at massive scale—a scale that no one is really planning for.’” ....

The Obscene Energy Demands of A.I.

How can the world reach net zero if it keeps inventing new ways to consume energy?

www.newyorker.com

.

 

[Smurf1976]

To put those figures into perspective, the average consumption within Australia's main grid, the NEM, is 24GW.

That covers effectively all of Victoria and Tasmania, almost all inhabited parts of SA and NSW, and not all but the majority of Queensland.

The economics of siting a data centre are much like the economics of siting an aluminium smelter. First thing you need is an available supply of reliable, low cost electricity. Only after you've verified the availability of that is it worth looking into other details.

 

[divs4ever]

To put those figures into perspective, the average consumption within Australia's main grid, the NEM, is 24GW.

That covers effectively all of Victoria and Tasmania, almost all inhabited parts of SA and NSW, and not all but the majority of Queensland.

The economics of siting a data centre are much like the economics of siting an aluminium smelter. First thing you need is an available supply of reliable, low cost electricity. Only after you've verified the availability of that is it worth looking into other details.

... however some Australian smelters might be closing down ( and there seems to be one closing down in NZ as well )

coincidence or an opportunity for somebody

 

[qldfrog]

... however some Australian smelters might be closing down ( and there seems to be one closing down in NZ as well )

coincidence or an opportunity for somebody

Well they close for the very reason preventing more data centers being housed here.
A few DC might require to be housed d in Australia due to confidenticiality or laws but otherwise expect them moved to cheaper energy places..NZ maybe for the local area

 

[Dona Ferentes]

there's a new data centre play soon to IPO

DigiCo Reit - at $1.65 billion, it is the largest raising for a new Australian company since 2018.

David di Pilla’s HMC Capital will tip in the first $750 million, iSeek (one of the acquisition companies) will roll another $250 million of scrip in, and then raise $1.65 billion on top.

There’ll be another $1.54 billion debt for a $2.65 billion pro forma market capitalisation and $4.2 billion enterprise value.

The bulk of the raising (about $1 billion) is slated for retail brokers/their clients and HMC Capital’s retail following, leaving about $650 million for institutions. Institutional investors (even the picky ones) will be underweight a stock large enough for S&P/ASX 200 inclusion

 

[Garpal Gumnut]

there's a new data centre play soon to IPO

DigiCo Reit - at $1.65 billion, it is the largest raising for a new Australian company since 2018.

David di Pilla’s HMC Capital will tip in the first $750 million, iSeek (one of the acquisition companies) will roll another $250 million of scrip in, and then raise $1.65 billion on top.

There’ll be another $1.54 billion debt for a $2.65 billion pro forma market capitalisation and $4.2 billion enterprise value.

The bulk of the raising (about $1 billion) is slated for retail brokers/their clients and HMC Capital’s retail following, leaving about $650 million for institutions. Institutional investors (even the picky ones) will be underweight a stock large enough for S&P/ASX 200 inclusion

David Di Pilla was critical in getting the Chemist Warehouse deal done.

gg