AirTrunk founder Robin Khuda has cemented his billionaire status after clinching the sale of his nine-year-old data centre business to Blackstone in a deal valuing the company at $23.5 billion which highlights the wealth created by the artificial intelligence boom.
The New York-headquartered asset management giant beat a consortium led by industry superannuation fund money manager IFM Investor to buy AirTrunk from Mr Khuda and Macquarie.
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Paul Smith edits the technology coverage and has been a leading writer on the sector for 20 years. He covers big tech, business use of tech, the fast-growing Australian tech industry and start-ups, telecommunications and national innovation policy. Connect with Paul on Twitter. Email Paul at psmith@afr.com
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
