Megaport Adds Storage, Raises Capital for AI Cloud Expansion


Megaport Adds Storage, Raises Capital for AI Cloud Expansion

📅 - Megaport is adding storage to its automated infrastructure platform while raising A$827.3 million and lining up about A$458.9 million in AI infrastructure contracts, a combination that shifts the Australian connectivity provider deeper into compute, data movement and GPU-backed inference at a moment when customers are rethinking where AI workloads should run and who pays for capacity now.

The company, best known for software-defined cloud connectivity, is trying to make a larger claim on infrastructure budgets. Not just the link between clouds. The place where storage, network and compute are bought together, configured together and, ideally, billed with fewer surprises.

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