ASX:NXTIT
NEXTDC (ASX:NXT) Is Down 5.5% After OpenAI-Backed Sovereign AI Campus Deal News Event – Has The Bull Case Changed?
In early December 2025, NEXTDC confirmed it had signed a Memorandum of Understanding with OpenAI to develop a next-generation hyperscale AI campus and large-scale GPU supercluster at its S7 site in Eastern Creek, Sydney, providing secure, sovereign infrastructure for mission-critical workloads across sectors including government, defence, finance, education and healthcare.
An interesting aspect of the project is S7’s closed-loop high-density liquid cooling design, which avoids ongoing use of...