Daniel and Will Roberts’ Iren Plans $10 Billion South Australian AI Data Centre
Australian Financial Review
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Details
- Date Published
- 3 June 2026
- Priority Score
- 2
- Australian
- Yes
- Created
- 3 June 2026, 02:00 pm
Description
The site is expected to house an 800 megawatt facility – more than twice the size of any data centre in Australia.
Summary
This article outlines a significant expansion in Australian AI infrastructure with the planned construction of a $10 billion, 800-megawatt data centre in South Australia. The project represents a major advancement in the physical capacity required to train and deploy frontier AI models within Australian borders. Such large-scale infrastructure investments are critical to global AI governance discussions, as concentrated compute power serves as a primary lever for both the advancement of AI capabilities and the potential implementation of safety-related hardware monitoring. The facility's scale, being twice the size of any existing Australian data centre, underscores the nation's growing role in the global AI ecosystem and the accompanying need for robust oversight of high-compute environments.
Body
CompaniesFinancial ServicesDigital transformationPrint articleAnthony MacdonaldColumnistJun 3, 2026 – 9.00pmIren, the Nasdaq-listed artificial intelligence data centre operator run by Australian brothers Daniel and Will Roberts, will build a $10 billion data centre in South Australia, marking its first major investment in the country.Iren has built data centres in Canada and the United States and created a $US24 billion ($33.5 billion) company, and has now struck a deal with the South Australian government to build its first local data centre in Bundey, a town with no residents located 165 kilometres north-east of Adelaide.Loading...SaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginLicense articleFollow the topics, people and companies that matter to you.Find out moreRead MoreDigital transformationData centresAIPeter MalinauskasFetching latest articles