# Megaport's $594 million raise puts a price on AI inference infrastructure

> Source: <https://runtimewire.com/article/megaport-s-594-million-raise-puts-a-price-on-ai-inference-infrastructure>
> Published: 2026-06-03 00:12:20+00:00

Megaport has secured four new AI infrastructure contracts with total contract value of about A$458.9 million, or $329.49 million, and launched a fully underwritten entitlement offer to raise A$827.3 million, or $594 million, Reuters reported. The Australian company said the contracts are with four U.S. based technology providers running AI applications. They are expected to start in the first half of 2027 and require nearly A$369.5 million in capital expenditure, primarily for high performanc...