Anyone with a shed, an extension cord, a couple of GPUs and an overdraft is building datacenters. Fujitsu just offloaded five

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‘Digital transformation’ is a better bet, apparently, so private equity gets a turn

The advent of generative AI spurred an enormous and controversial datacenter building boom that has seen almost anyone who knows how to run a bit barn try to expand their business ASAP.

Fujitsu, however, wants out.

The Australian outpost of the Japanese giant’s business this week announced the sale of five datacenters down under.

The company said selling the bit barns “enables us to further invest in the technology services where customer demand is growing fastest.”

In Australia, that apparently means “helping organisations modernise critical systems, strengthen cyber resilience, adopt sovereign AI, and access the high-performance and quantum computing capabilities needed for their next phase of transformation.”

Fujitsu said its datacenter business “is a strong platform, and its next phase will benefit from dedicated commercial ownership and investment.”

That new owner, private equity outfit Next Capital,...

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