Invest New Zealand targets $25-30 billion in data centre investment; local sceptic questions job benefits
By
Chris Keall
Summary
Crown agency Invest New Zealand is pushing to attract $25-30 billion in offshore investment for data centres and associated infrastructure over five years. However, local tech figure Don Christie is skeptical, arguing that building data centres won't create knowledge economy jobs for New Zealand.
Source
bskyInvest New Zealand targets $25-30 billion in data centre investment; local sceptic questions job benefitsnzherald.co.nzKey quotes
· 2 pulledCrown agency Invest New Zealand has embarked on a drive to attract $25 to $30 billion in offshore investment in data centres and associated infrastructure over five years.
there are no knowledge economy jobs coming our way just by building giant refr
You might also wanna read
Microsoft Commits $30 Billion Investment in UK AI Infrastructure
Microsoft is investing £22 billion ($30 billion) in the UK from 2025-2028 to support AI infrastructure and operations. The investment includ
The Verge·9mo ago
US AI Infrastructure Investment Surpasses $1 Trillion Annually as Tech Companies Race to Build Data Centers
The article examines the unprecedented investment boom in AI infrastructure in the United States, with spending on data centers, computers,
apricitas.io·4mo ago
AI boom lifts industrial engineers’ pay packages
Feasibility Analysis of Starcloud's $8.2 Million Space Data Centre in One Starship Launch
Starcloud claims to be able to create a 40 MW space data centre for $8.2 million with a single 100-ton Starship launch, but analysis shows t
angadh.com·1y ago
Nvidia Invests $4 Billion in Photonics Technology for AI Data Center Infrastructure
Nvidia is investing $4 billion total ($2 billion each) in Lumentum and Coherent, two companies developing photonics technology for AI data c
The Verge·4mo ago
UK Government's AI Investment Drive Built on Questionable 'Phantom Investments'
A Guardian investigation reveals that the UK government's multibillion-pound AI investment drive, touted as a cornerstone of economic growth
theguardian.com·4mo ago
Comments
Sign in to join the conversation.
No comments yet. Be the first.