Hebe Chen
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Megaport secures 4 AI deals, to raise $594 million to build inference cloud
Megaport secures 4 AI deals, to raise $594 million to build inference cloud June 3 : Australia's Megaport said on Wednesday it has secured four new AI infrastructure contracts worth A$458.9 million and will raise A$827.3 million ($594 million) to build an inference cloud to cash in on surging demand for AI-related facilities. The deals underscore the fierce race among infrastructure providers to capture a share of the booming AI compute market, as firms across industries scramble to secure...