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Australia's Megaport secures four new AI infrastructure contracts, to raise $594 million

Australia's Megaport secures four new AI infrastructure contracts, to raise $594 million

- Australia's Megaport MP1.AX said on Wednesday it has secured four new AI infrastructure contracts with a combined total contract value of about A$458.9 million ($329.49 million), and launched a fully underwritten entitlement offer to raise A$827.3 million ($594 million).


($1 = 1.3928 Australian dollars)


(Reporting by Rajasik Mukherjee)

((Rajasik.Mukherjee@thomsonreuters.com;))

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