Centuria to acquire a 50% stake in ResetData.

Centuria, an investment manager, agreed to acquire a 50% stake in ResetData, a cloud-base data centre provider. Financial terms were not disclosed. "We are looking to build AI factories of tomorrow with the LIC technology enabling deployment of cloud-based technologies in less space, requiring fewer resources and with a significantly reduced carbon footprint. Most importantly, this is technology that fits within existing office floorplates while generating significantly higher rents per square metre compared to typical office occupants," Jason Huljich, Centuria Joint CEO.