Inside the AirTrunk deal: how to build a $24b business in nine years

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 90%

Argentina Noticias Noticias

Argentina Últimas Noticias,Argentina Titulares

This week on The Fin podcast, Paul Smith and Anthony Macdonald on whether Robin Khuda can grow a $100 billion business and what might get in his way.

It was the biggest deal in Australia this year. And on Tuesday,had a simple explanation for why his nine-year old business is the country’s latest knockout success story. Speaking in front of a packed room at the AFR Property summit he said it was a reflection of the way the world is moving.

“So if you look at 2010, the top three biggest US companies were Walmart, ExxonMobil and Chevron,” he said. “Now the top three companies in the US are Apple, Microsoft and Nvidia.” Microsoft is one of AirTrunk’s biggest customers and the chipmaker Nvidia is emblematic of the rise AI and with it, the growth in demand for the data centres that power it.

Khuda said while AirTrunk has expanded into five countries in Asia there is more growth to come. But there are huge challenges. At the top of the list – the huge amounts of energy and water data centres require to operate., Technology editor Paul Smith and Chanticleer columnist Anthony Macdonald on the remarkable rise of AirTrunk and its founder Robin Khuda, whether he can grow it to a $100 billion business under new owner Blackstone and what might get in his way.

Explore the big issues in business, markets and politics with the journalists who know the inside story. New episodes of

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 2. in AR
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

AirTrunk auction: The data centre business’s big number cements its deal of the year trophyEight months ago, bankers were telling their clients they could get the data centre giant for $11 billion to $12 billion. It has just sold for double that.
Fuente: FinancialReview - 🏆 2. / 90 Leer más »