The gym junkie tech boss whose company sustained a $3 billion wipeout
AI Summary
Data centre operator NextDC suffered a reported $3 billion wipeout after expansion plans encountered power constraints in suburban Melbourne. The setback highlights the infrastructure and energy challenges facing the company’s growth plans.
The fortunes of data centre business NextDC took a massive dive this week when its massive expansion plans hit a power pole in suburban Melbourne.
World Markets Real Estate AI & Tech Energy NextDC data centres share wipeout expansion plans power constraints Melbourne