AirTrunk secures $850M funding for expansion of data centres
AirTrunk has completed an $850 million financing process to fund a "major expansion" of its Australian data centres, as well as across Asia Pacific.
AirTrunk has completed an $850 million financing process to fund a "major expansion" of its Australian data centres, as well as across Asia Pacific.
Global hyper-scale cloud vendors collectively forked out at least US$27 billion in capital expenditure over the three months ending March.
The capex of hyper-scale cloud operators came to US$75 billion in 2017, with US$22 billion in the fourth quarter.