0216 GMT - Data center investment in Australia is booming driven by the transition to AI-oriented computing, says Oxford Economics. Data center capacity currently sits near 2.2 gigawatts while the proposed pipeline captures a further 25 gigawatts, it says. The cumulative value of data center construction projects that have commenced now surpasses 75 billion Australian dollars, with a further A$195 billion worth of proposed developments yet to break ground, it says. The potential for an overbuild looms, it adds. (james.glynn@wsj.com; X @JamesGlynnWSJ)
(END) Dow Jones Newswires
July 22, 2026 22:16 ET (02:16 GMT)
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