Office towers versus Bunnings sheds: Alternative routes in the AI ​​race

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Office towers versus Bunnings sheds: Alternative routes in the AI ​​race

By Tess Bennett
Publication Date: 2025-12-09 18:00:00

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At a time when U.S. tech giants measure their data center investments in gigawatts, an Australian company is betting that renovated office space will be a better home for the chips that power artificial intelligence than purpose-built, warehouse-sized data centers.

ResetData, half-owned by ASX-listed property fund manager Centuria Capital, opened its flagship AI-F1 site in Melbourne’s CBD in August. The AI ​​factory only has 1.5 megawatts of computing power on 650 square meters of formerly unused office space.

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