By https://www.abc.net.au/news/penny-mcleod/103374720
Publication Date: 2026-03-23 21:30:00
Oliver Curtis
We’re probably about 20 to 25% of the way there. So the piles are in the ground and the slab work starts this week. So yes, we expect the building and project to be completed by the fourth quarter of this year.
Leon Compton
So this project might not be operational at St Leonard’s until October, November and December?
Oliver Curtis
That’s right. Yes, no, that’s right.
Leon Compton
I tried to describe, Oliver, what an AI processing facility is. I think you could probably do better. How do you describe to people who don’t know anything about computers what this factory will actually do?
Oliver Curtis
No, you actually described it quite well. We are essentially a factory. We produce a widget. This widget is called an AI token. And much like with aluminum or other raw materials, we take electricity as input, send it through the computers and produce these tokens. The tokens are consumed worldwide. So essentially, as you mentioned, if you type the following…
