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Megaport’s major US contracts target the AI ​​infrastructure boom

Megaport’s major US contracts target the AI ​​infrastructure boom

By Amelia McGuire
Publication Date: 2026-06-03 03:26:00

ASX-listed technology infrastructure company Megaport has signed four new artificial intelligence deals with tech giants worth $459 million and revealed details of plans to expand into the booming business of providing access to AI computing power.

The Brisbane-based company told investors on Wednesday it is seeking $825 million in fresh capital to invest in Nvidia chips that will be used to build a “pool” of GPUs that will be leased to customers to process AI requests.

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