NextDC

NextDC is an Australian data-centre company headquartered in Brisbane, Queensland. Founded by Bevan Slattery in May 2010, the business develops and operates facilities designed to host enterprise information technology, telecommunications, cloud and other digital infrastructure. Its principal commercial model is data-centre colocation: customers place servers and networking equipment in NextDC facilities while using the operator's power, cooling, physical security, resilience and connectivity infrastructure. The company also provides interconnection services that allow customers to connect with carriers, cloud platforms, internet exchanges and other participants within or through its facilities. NextDC has been listed on the Australian Securities Exchange since December 2010 under the ticker NXT. Its growth has been tied to increasing demand for outsourced data-centre capacity, cloud adoption, digital services and geographically distributed infrastructure in Australia. The company is described as the largest listed developer and operator of data-centre facilities in Australia. Its Australian network spans multiple major markets, and the reference material states that, as of March 2026, NextDC operated 17 data centres in Australia and one in Malaysia. The company's expansion has increasingly included infrastructure intended for high-density computing and artificial-intelligence workloads. In December 2025, NextDC signed a memorandum of understanding with OpenAI concerning sovereign artificial-intelligence infrastructure in Australia. The proposed collaboration includes a large AI campus and GPU supercluster at NextDC's S7 site in Sydney. The arrangement is described as a memorandum of understanding rather than a completed commercial deployment, so its ultimate scope and implementation are not established by the supplied material. NextDC began international expansion in May 2026 with the launch of KL1 in Kuala Lumpur, described in the reference material as its first international data centre. This marked a change from a solely Australian operating footprint to a broader regional presence. The available reference material does not provide detailed information about KL1's capacity, customer base, financial contribution or ownership structure. NextDC's positioning is that of a neutral, infrastructure-focused data-centre provider rather than a consumer-facing technology brand. Its facilities support customers that require secure physical hosting, resilient power and cooling, network access, cloud connectivity and scalable capacity. The supplied sources do not establish a complete current executive roster, detailed facility specifications, financial results or a comprehensive list of service-level products. Those areas therefore remain unreported here rather than being inferred.

NextDC was founded by Bevan Slattery in May 2010 as an Australian data-centre development and operating company. From its beginning, the business was oriented toward building purpose-designed facilities for customers that needed outsourced physical infrastructure, including colocation, power, cooling, security and network connectivity. This model placed NextDC within the expanding data-centre and cloud-infrastructure sector rather than the consumer technology market. The company became publicly listed on the Australian Securities Exchange in December 2010, trading under the symbol NXT. Its listed status provided a public-market platform for the development of a national data-centre portfolio. Over time, NextDC expanded across major Australian markets and became the largest listed developer and operator of data-centre facilities in Australia, according to the supplied reference material. Its facilities serve as locations where enterprises, carriers, cloud providers and other digital businesses can host equipment and establish network connections. A notable recognition came in 2015, when NextDC was named Australia's fastest-growing technology company in the Deloitte Technology Fast 50 awards. The award reflected the company's growth during an early period of expansion, although the supplied material does not provide the underlying ranking methodology or financial figures. NextDC's business scope has developed beyond basic physical colocation. Its facilities support interconnection between customers and external networks, carriers and cloud platforms. The company has also moved toward infrastructure for demanding computing workloads, including artificial intelligence. In December 2025, it signed a memorandum of understanding with OpenAI to develop sovereign AI infrastructure in Australia. The proposed project includes a large AI campus and GPU supercluster at the S7 site in Sydney. Because the arrangement is described as an MOU, the available material does not establish that the full project had been completed or that all proposed capacity had entered service. The company's next geographic phase began in May 2026, when it launched KL1 in Kuala Lumpur. This was identified as NextDC's first international data centre and represented an expansion beyond its established Australian footprint. The supplied reference states that, as of March 2026, the company operated 17 data centres in Australia and one in Malaysia; the dates in that statement and the later launch reference should be interpreted according to the cited source's chronology. No additional details about KL1's technical design, customers or financial performance are provided. NextDC remains an infrastructure provider whose brand is associated with data-centre availability, connectivity and capacity. Its history is defined by the creation of a listed Australian platform, expansion into a nationwide facility network, movement toward high-density and AI-oriented infrastructure, and initial internationalisation through Malaysia. Detailed information about its current leadership, individual facility specifications, financial performance and ownership is not included in the supplied reference material.

• 2026

  KL1 Kuala Lumpur launched

  [1]NextDCen.wikipedia.org

  NextDC launched KL1 in Kuala Lumpur, its first international data centre according to the supplied reference.

• 2025

  OpenAI sovereign AI infrastructure memorandum

  [1]NextDCen.wikipedia.org

  NextDC signed a memorandum of understanding with OpenAI concerning a proposed Australian AI campus and GPU supercluster at the S7 site in Sydney.

• 2015

  Deloitte Technology Fast 50 recognition

  [1]NextDCen.wikipedia.org

  NextDC was named Australia's fastest-growing technology company in the Deloitte Technology Fast 50 awards.

• 2010

  Company founded

  [1]NextDCen.wikipedia.org

  Bevan Slattery founded NextDC in May 2010 as an Australian data-centre development and operating company.

• 2010

  Listed on the Australian Securities Exchange

  [1]NextDCen.wikipedia.org

  NextDC was listed on the Australian Securities Exchange in December 2010 under the ticker NXT.

A large Australian listed data-centre developer and operator focused on neutral colocation, connectivity and scalable digital infrastructure.

• Data-centre services

  Colocation

  NextDC's core colocation service provides customers with space inside purpose-built data-centre facilities for servers, storage and networking equipment. The operator supplies supporting infrastructure such as power, cooling, physical security and facility resilience, allowing customers to operate technology hardware without building and managing an equivalent standalone site. The supplied reference identifies colocation as a central part of NextDC's business, but does not specify individual packages or service-level terms.

• Network services

  Interconnection

  NextDC facilities support interconnection between customers and external networks, including carriers, cloud platforms and other digital-service participants. These connections can help customers exchange data and reach multiple providers from a shared data-centre environment. The reference material identifies network interconnection as a major offering, while detailed product names, pricing and technical specifications are not provided.

• Artificial-intelligence infrastructure · 2025

  S7 Sydney AI infrastructure campus

  S7 is the Sydney site identified in NextDC's memorandum of understanding with OpenAI as the location for a proposed large artificial-intelligence campus and GPU supercluster. The project is intended to support sovereign AI infrastructure in Australia. The supplied material describes the initiative as a planned development under an MOU and does not confirm final construction, operational status, capacity or customer deployment.

• Data-centre facility · 2026

  KL1 Kuala Lumpur

  KL1 is NextDC's Kuala Lumpur data centre and its first international facility according to the supplied reference. Its launch in May 2026 extended the company's operating footprint from Australia into Malaysia. No detailed information is supplied about the facility's capacity, technical configuration, tenants or commercial performance.

• 2026

  NextDC announces board and governance changes

  NextDC announced board and governance changes ahead of its AGM in response to investor concerns following delays to the M3 Melbourne project and revised FY27 earnings guidance. The announced measures include a chair transition, a board renewal process, withdrawal of a proposed increase to the non-executive director remuneration pool, and reductions in board fees and the CEO's FY27 incentive opportunities.

  Source

Read more

• 2026

  International expansion into MalaysiaStrategy

  Background

  After building an Australian data-centre network, NextDC pursued an international operating presence.

  Action taken

  The company launched KL1 in Kuala Lumpur, described as its first international data centre.

  Aftermath

  The launch expanded NextDC's stated operating footprint to include Malaysia, although the supplied material does not provide further operating or financial details.

  Source

• 2025

  Pursuit of sovereign artificial-intelligence infrastructureStrategy

  Background

  Demand for high-density computing and national AI capability created an opportunity to extend NextDC's data-centre platform beyond conventional colocation.

  Action taken

  NextDC signed a memorandum of understanding with OpenAI to develop a proposed Australian AI campus and GPU supercluster at its S7 site in Sydney.

  Aftermath

  The supplied material identifies the proposed project but does not establish its final scope, completion status or financial outcome.

  Source

• 2026

  NextDC launches KL1 in Kuala Lumpur[1]NextDCen.wikipedia.org

  Product launch

  NextDC launched KL1 in Kuala Lumpur, described as the company's first international data centre and its first operating facility outside Australia.

• 2025

  NextDC signs memorandum of understanding with OpenAI for Australian sovereign AI infrastructure[1]NextDCen.wikipedia.org

  Other · Product launch

  NextDC entered a memorandum of understanding with OpenAI to explore development of sovereign artificial-intelligence infrastructure in Australia, including a proposed large AI campus and GPU supercluster at the S7 site in Sydney.

• 2015

  NextDC named Australia's fastest-growing technology company[1]NextDCen.wikipedia.org

  Other

  NextDC was named Australia's fastest-growing technology company in the Deloitte Technology Fast 50 awards.

1. 1NextDCen.wikipedia.org
2. 2NextDC official websitenextdc.com
3. 3NextDC announces board and governance changesarnnet.com.au
4. 4Australian data center operator NextDC's shares plunge 40% after it slashes earnings forecastcnbc.com
5. 5NEXTDC launches edge data centre networkitnews.com.au
6. 6NextDC launches new data centre ‘carbon neutrality’ program | iTWireitwire.com