Latest Technology Infrastructure News

X2M Connect has signed a non-binding two-year MOU with Gateway DC covering data centre development, delivery and platform deployment across Australia and potentially Southeast Asia. The opportunity links Gateway’s planned 120MW-to-2GW-plus Darwin roadmap with X2M’s prospective pipeline exceeding 200MW, but revenue remains subject to future binding agreements.

NEXTDC is seeking A$1.1 billion from institutional investors through subordinated convertible notes, adding to its funding capacity for an increasingly capital-intensive data centre pipeline. The deal offers a low indicative coupon, but introduces future dilution risk and could create short-term share price pressure through associated hedging activity.

X2M Connect's latest capital raise attracted three times the targeted funds, underscoring strong investor confidence as it scales its data centre pipeline beyond 200MW with a $250 million binding contract.

Pentanet’s FY26 results reveal robust growth in cloud gaming and telco segments, with a 74% jump in EBITDA to $2.4 million and ongoing GPU expansion plans.

Dubber Corporation Limited (ASX:DUB) posted a 17% revenue drop in FY26 to $35.1 million, mainly due to a major contract loss in Europe, but narrowed its net loss by 78% excluding impairments and achieved cash flow breakeven in H2.

SKS Technologies Group is set to surpass its February profit forecast with an unaudited before-tax profit of $39.3 million, driven by operational discipline and scalable growth.

Peppermint Innovation Ltd (ASX:PIL) reported a 171% jump in group revenue for the June quarter, powered by a 577% surge in its Bizmoto revenue and a successful pilot of its QRPh Person-to-Merchant payment platform that tripled monthly transaction values. The company is advancing its ASX reinstatement while expanding its digital payments ecosystem in the Philippines.

Macquarie Technology Group has exercised its option to purchase a prime 34,200sqm site in Macquarie Park for $240 million, setting the stage for a cutting-edge engineering and technology campus alongside its data centre operations.

Bravura Solutions maintains FY26 revenue guidance while raising cash EBITDA expectations to $77 million, driven by robust project services demand and disciplined cost management.

Stakk Limited is set to become a global powerhouse in AI-driven Digital Trust infrastructure following its US$63 million acquisition of ParaScript, a leader in AI-powered document intelligence and fraud detection. The deal significantly boosts Stakk's scale, technology, and recurring revenue base, underpinning a robust growth trajectory.

FortifAI Limited (ASX: FTI) has laid out its vision for the burgeoning Agentic AI infrastructure sector, spotlighting its Nol8 AI Data Plane technology designed to tackle critical GPU underutilisation and data delivery bottlenecks. The company projects a $120 billion total addressable market by 2030, driven by explosive growth in AI agent workloads and data movement demands.

Ovanti Limited (ASX:OVT) has launched Ominari, its own prediction market platform, debuting with FIFA World Cup 2026 markets aimed at Southeast Asia. The platform leverages integrated payment and AI analytics infrastructure to challenge global incumbents Polymarket and Kalshi.