Australian Superannuation Fund Makes a Major $2 Billion Investment, DataBank Expands Data Centers Amid AI Boom!
DataBank, a data center developer based in the United States, has successfully raised nearly AUD 3 billion (approximately USD 2.01 billion) to build three new data center facilities in the United States. The lead investor in this round of financing is AustralianSuper, the largest superannuation fund in Australia. Image source note: Photo generated by AI, image licensed by Midjourney. AustralianSuper stated on Wednesday that it has invested in DataBank's financing plan.
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