Questions asked on ChatGPT or video made on Synthesys is benefiting companies such as NextDC and Goodman Group, as the impact of generative AI flows from the cloud into the physical world.
“Amid this backdrop, we have decided to bring forward the development and fitout of key assets in Sydney and Melbourne to ensure we are able to meet this growth in demand, and continue to support our customers.” Scroggie said NextDC’s new centres would require 10 times the amount of power used by the current generation of data centres, as well as new cooling methods. Electricity grids would need to be expanded and dedicated data centres built to service AI’s hunger for power and computing capacity.
“Almost every single vertical market is being affected in a positive way by the ability to leverage generative AI to drive business efficiency, new products, software development, or augmentation,” Dzienciol said. “We don’t believe this is a fad that will come and go. It’s quite remarkable to see the pace of change.”
Chairman Greg Goodman told investors in February the real estate trust was advancing its data strategy – “securing power and planning, commencing infrastructure and continuing to work with customers on optimal delivery models that suit their requirements.”