Forecasts slashed after community opposition stalls AI expansion plans NextDC has data centers in Australia, including this Sydney collaboration with OpenAI, New Zealand, Malaysia and Japan.
Forecasts slashed after community opposition stalls AI expansion plans NextDC has data centers in Australia, including this Sydney collaboration with OpenAI, New Zealand, Malaysia and Japan. © Getty Images CANBERRA -- Major Australian data center operator NextDC's shares tumbled 40% on Wednesday after the company revealed that a public backlash had stalled plans to increase power supply to a flagship site in Melbourne, underscoring the challenges facing the rollout of in-demand artificial intelligence infrastructure.