Megaport

Megaport, an Australian networking company, raised A$827.3 million ($594 million) through a fully underwritten entitlement offer and secured four AI infrastructure contracts worth A$458.9 million ($32…

Megaport has raised A$827.3 million ($594 million) through a fully underwritten entitlement offer and secured four new AI infrastructure contracts worth approximately A$458.9 million ($329.49 million)…

Megaport has secured four artificial intelligence deals and will raise $594 million to build an inference cloud. The Australian connectivity company is expanding its infrastructure to support AI workl…