Australia has a narrow window to position itself as a regional hub for artificial intelligence infrastructure, but risks falling behind unless investment and policy action accelerate, according to Deloitte Access Economics.
“This is a sliding doors moment for Australia,” lead author John O’Mahony said Wednesday, estimating the country needs about A$52 billion ($36 billion) in digital infrastructure investment by 2030 to capture the opportunity.
“Catching this wave means doubling our investment in compute power over the coming five years,” he said, adding Australia is on track to reach about 3.3 gigawatts of data center capacity by 2030 but needs a ...