{"success":true,"data":{"pressRelease":{"id":"126473","rtpr_id":"nPn9Ljhg4a","ticker":"SCX","exchange":"ASX","all_tickers":["SCX"],"title":"SCX.ai (ASX: SCX) Strategic Partnership With Global AI Leader DDN to Power Australia's Largest Sovereign AI Inferencing Cloud","author":"PR Newswire","published_at":"2026-08-24T23:42:41.185Z","article_body":"SCX.ai (ASX: SCX) Strategic Partnership With Global AI Leader DDN to Power Australia's Largest Sovereign AI Inferencing Cloud\n\nPR Newswire\n\nSYDNEY, Aug. 24, 2026\n\nAlliance to scale sovereign AI capacity as demand for Australian-based AI\ninfrastructure grows\n\nSYDNEY, Aug. 24, 2026 /PRNewswire/ -- Australian sovereign AI infrastructure\npioneer SCX.ai (http://scx.ai/) and global AI data intelligence leader DDN\n(https://www.ddn.com/) today announced a landmark partnership to expand and\naccelerate Australia's largest sovereign AI inferencing cloud.\n\nThe partnership brings together SCX's ASIC-accelerated infrastructure with\nDDN's Infinia data intelligence platform. The combined solution provides\nAustralian enterprises, government agencies and research institutions with a\nsecure, high-performance, multi-tenant AI factory designed to accelerate\ninference and lower the cost per token, while ensuring models, workloads and\ndata remain strictly within Australia.\n\nThe announcement follows SCX.ai's debut on the Australian Securities Exchange\non 21 August, following a fully underwritten $40 million IPO, making it\nAustralia's first ASX-listed pure-play sovereign AI inference infrastructure\ncompany.\n\nSCX.ai enters the public market with growing commercial momentum. Contracted\nannual recurring revenue reached $6.5 million at the end of July, up 20.9%\nsince May. The platform now has more than 400 active users.\n\nBuilding on the successful launch of SCX's first sovereign AI node at the\nEquinix SY5 data centre in Sydney, the integration of DDN Infinia ensures the\nunderlying data layer can keep pace with massive concurrency and\nhigh-throughput inferencing demands.\n\nBy delivering sub-millisecond latency and up to 27x faster KV cache loading,\nInfinia eliminates I/O stalls and maximises hardware utilisation – enabling\norganisations to run large context windows and agentic AI workloads swiftly,\nwithout compromising on speed, data privacy or regulatory compliance.\n\n\"For the first time, Australian organisations have access to a fully domestic,\nenterprise-grade AI cloud that scales effortlessly,\" said SCX founder and CEO\nDavid Keane. \"By integrating DDN's world-class data platforms into our\narchitecture, we are ensuring that our infrastructure can handle the most\ndata-intensive workloads on the planet. This partnership supercharges our\nmission to deliver advanced AI entirely onshore, without compromising speed,\nsecurity or sovereignty.\"\n\nThe joint infrastructure also addresses one of the major challenges\nconfronting the rapid global expansion of AI: the power and cooling required\nto support growing compute demand.\n\nSCX.ai's infrastructure uses purpose-built SambaNova AI processors and is\ndesigned to generate significantly more AI compute from the power and physical\nfootprint available inside existing commercial data centres. The architecture\nuses air cooling, avoiding the large volumes of water required by many\nconventional AI data centre cooling systems.\n\nTesting disclosed by SCX.ai ahead of its ASX listing showed its\nSambaNova-based infrastructure delivering approximately 2.5x to 5.6x the\nperformance per watt of GPU-based systems across selected stable inference\nworkloads, depending on the model and hardware configuration tested.\n\n\"Sovereign AI isn't just about where data resides, it's about whether a nation\ncan operate AI at scale, efficiently and without compromise,\" said DDN CTO\nSven Oehme. \"Our partnership with SCX brings together purpose-built\ninferencing infrastructure with DDN's Infinia data platform to remove the\nsingle biggest barrier to AI performance: the data layer. By eliminating I/O\nbottlenecks and enabling extreme concurrency with sub-millisecond latency,\nwe're fundamentally changing the economics of inference – delivering higher\nutilisation, lower cost per token and true enterprise-grade sovereignty. This\nis how countries turn AI ambition into real, operational capability.\"\n\nThe expanded cloud capacity will support the deployment of bespoke enterprise\nworkloads, as well as SCX.ai's Project MAGPiE, a sovereign large language\nmodel specifically fine-tuned for the Australian cultural and commercial\ncontext.\n\nSCX.ai's first node at Equinix SY5 in Sydney is operational, with the company\nnow accelerating deployment of Node 2, targeted to be operational by the end\nof 2026. SCX.ai is also progressing plans for additional nodes as it builds\nout a national sovereign AI inference network.\n\nAsset Bank for Media\nhttps://drive.google.com/drive/folders/158tijQGvY4a8MveE98JL8ngqBubXeoeC?usp=sharing\n(https://drive.google.com/drive/folders/158tijQGvY4a8MveE98JL8ngqBubXeoeC?usp=sharing)\n\nAbout SCX.ai\n\nSCX.ai is Australia's leading provider of sovereign AI infrastructure,\ndelivering high-performance, energy-efficient cloud solutions fully aligned\nwith strict domestic data security and privacy requirements. Through its\nnational network of advanced inferencing nodes, SCX enables government and\nenterprise clients to operate cutting-edge AI under complete domestic control.\n\nFollow SCX: LinkedIn (https://www.linkedin.com/company/ddn/) ,\n(https://x.com/ddnintelligence) X (https://x.com/ddnintelligence) , and\nYouTube (https://www.youtube.com/@DDNintelligence)\n\nAbout DDN\n\nDDN is a leading AI and data intelligence company, powering demanding AI\nworkloads by keeping GPUs fed, efficient and productive at scale – so\norganisations can train, checkpoint and infer faster with less footprint and\npower. DDN delivers data intelligence at exabyte scale across hundreds of\nthousands of GPUs for hyperscalers, next-gen cloud builders, enterprises,\ngovernments and research institutions.\n\nFollow DDN: LinkedIn (https://www.linkedin.com/company/ddn/) , X\n(https://x.com/ddnintelligence) , and YouTube\n(https://www.youtube.com/@DDNintelligence)\n\nView original\ncontent:https://www.prnewswire.com/news-releases/scxai-asx-scx-strategic-partnership-with-global-ai-leader-ddn-to-power-australias-largest-sovereign-ai-inferencing-cloud-302858797.html\n(https://www.prnewswire.com/news-releases/scxai-asx-scx-strategic-partnership-with-global-ai-leader-ddn-to-power-australias-largest-sovereign-ai-inferencing-cloud-302858797.html)\n\nSOURCE SCX.ai\n\n\n\nMedia Contacts: SCX.ai: Melissa Hamilton, melissa.hamilton@mcpartners.com.au, +61 417 750 274; DDN: Amanda Lee, amlee@ddn.com, +1 727 272 0781\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPn9Ljhg4a","title":"SCX.ai (ASX: SCX) Strategic Partnership With Global AI Leader DDN to Power Australia's Largest Sovereign AI Inferencing Cloud","author":"PR Newswire","ticker":"SCX","created":"2026-08-24T23:42:41.185Z","tickers":["SCX"],"exchange":"ASX","article_body":"SCX.ai (ASX: SCX) Strategic Partnership With Global AI Leader DDN to Power Australia's Largest Sovereign AI Inferencing Cloud\n\nPR Newswire\n\nSYDNEY, Aug. 24, 2026\n\nAlliance to scale sovereign AI capacity as demand for Australian-based AI\ninfrastructure grows\n\nSYDNEY, Aug. 24, 2026 /PRNewswire/ -- Australian sovereign AI infrastructure\npioneer SCX.ai (http://scx.ai/) and global AI data intelligence leader DDN\n(https://www.ddn.com/) today announced a landmark partnership to expand and\naccelerate Australia's largest sovereign AI inferencing cloud.\n\nThe partnership brings together SCX's ASIC-accelerated infrastructure with\nDDN's Infinia data intelligence platform. The combined solution provides\nAustralian enterprises, government agencies and research institutions with a\nsecure, high-performance, multi-tenant AI factory designed to accelerate\ninference and lower the cost per token, while ensuring models, workloads and\ndata remain strictly within Australia.\n\nThe announcement follows SCX.ai's debut on the Australian Securities Exchange\non 21 August, following a fully underwritten $40 million IPO, making it\nAustralia's first ASX-listed pure-play sovereign AI inference infrastructure\ncompany.\n\nSCX.ai enters the public market with growing commercial momentum. Contracted\nannual recurring revenue reached $6.5 million at the end of July, up 20.9%\nsince May. The platform now has more than 400 active users.\n\nBuilding on the successful launch of SCX's first sovereign AI node at the\nEquinix SY5 data centre in Sydney, the integration of DDN Infinia ensures the\nunderlying data layer can keep pace with massive concurrency and\nhigh-throughput inferencing demands.\n\nBy delivering sub-millisecond latency and up to 27x faster KV cache loading,\nInfinia eliminates I/O stalls and maximises hardware utilisation – enabling\norganisations to run large context windows and agentic AI workloads swiftly,\nwithout compromising on speed, data privacy or regulatory compliance.\n\n\"For the first time, Australian organisations have access to a fully domestic,\nenterprise-grade AI cloud that scales effortlessly,\" said SCX founder and CEO\nDavid Keane. \"By integrating DDN's world-class data platforms into our\narchitecture, we are ensuring that our infrastructure can handle the most\ndata-intensive workloads on the planet. This partnership supercharges our\nmission to deliver advanced AI entirely onshore, without compromising speed,\nsecurity or sovereignty.\"\n\nThe joint infrastructure also addresses one of the major challenges\nconfronting the rapid global expansion of AI: the power and cooling required\nto support growing compute demand.\n\nSCX.ai's infrastructure uses purpose-built SambaNova AI processors and is\ndesigned to generate significantly more AI compute from the power and physical\nfootprint available inside existing commercial data centres. The architecture\nuses air cooling, avoiding the large volumes of water required by many\nconventional AI data centre cooling systems.\n\nTesting disclosed by SCX.ai ahead of its ASX listing showed its\nSambaNova-based infrastructure delivering approximately 2.5x to 5.6x the\nperformance per watt of GPU-based systems across selected stable inference\nworkloads, depending on the model and hardware configuration tested.\n\n\"Sovereign AI isn't just about where data resides, it's about whether a nation\ncan operate AI at scale, efficiently and without compromise,\" said DDN CTO\nSven Oehme. \"Our partnership with SCX brings together purpose-built\ninferencing infrastructure with DDN's Infinia data platform to remove the\nsingle biggest barrier to AI performance: the data layer. By eliminating I/O\nbottlenecks and enabling extreme concurrency with sub-millisecond latency,\nwe're fundamentally changing the economics of inference – delivering higher\nutilisation, lower cost per token and true enterprise-grade sovereignty. This\nis how countries turn AI ambition into real, operational capability.\"\n\nThe expanded cloud capacity will support the deployment of bespoke enterprise\nworkloads, as well as SCX.ai's Project MAGPiE, a sovereign large language\nmodel specifically fine-tuned for the Australian cultural and commercial\ncontext.\n\nSCX.ai's first node at Equinix SY5 in Sydney is operational, with the company\nnow accelerating deployment of Node 2, targeted to be operational by the end\nof 2026. SCX.ai is also progressing plans for additional nodes as it builds\nout a national sovereign AI inference network.\n\nAsset Bank for Media\nhttps://drive.google.com/drive/folders/158tijQGvY4a8MveE98JL8ngqBubXeoeC?usp=sharing\n(https://drive.google.com/drive/folders/158tijQGvY4a8MveE98JL8ngqBubXeoeC?usp=sharing)\n\nAbout SCX.ai\n\nSCX.ai is Australia's leading provider of sovereign AI infrastructure,\ndelivering high-performance, energy-efficient cloud solutions fully aligned\nwith strict domestic data security and privacy requirements. Through its\nnational network of advanced inferencing nodes, SCX enables government and\nenterprise clients to operate cutting-edge AI under complete domestic control.\n\nFollow SCX: LinkedIn (https://www.linkedin.com/company/ddn/) ,\n(https://x.com/ddnintelligence) X (https://x.com/ddnintelligence) , and\nYouTube (https://www.youtube.com/@DDNintelligence)\n\nAbout DDN\n\nDDN is a leading AI and data intelligence company, powering demanding AI\nworkloads by keeping GPUs fed, efficient and productive at scale – so\norganisations can train, checkpoint and infer faster with less footprint and\npower. DDN delivers data intelligence at exabyte scale across hundreds of\nthousands of GPUs for hyperscalers, next-gen cloud builders, enterprises,\ngovernments and research institutions.\n\nFollow DDN: LinkedIn (https://www.linkedin.com/company/ddn/) , X\n(https://x.com/ddnintelligence) , and YouTube\n(https://www.youtube.com/@DDNintelligence)\n\nView original\ncontent:https://www.prnewswire.com/news-releases/scxai-asx-scx-strategic-partnership-with-global-ai-leader-ddn-to-power-australias-largest-sovereign-ai-inferencing-cloud-302858797.html\n(https://www.prnewswire.com/news-releases/scxai-asx-scx-strategic-partnership-with-global-ai-leader-ddn-to-power-australias-largest-sovereign-ai-inferencing-cloud-302858797.html)\n\nSOURCE SCX.ai\n\n\n\nMedia Contacts: SCX.ai: Melissa Hamilton, melissa.hamilton@mcpartners.com.au, +61 417 750 274; DDN: Amanda Lee, amlee@ddn.com, +1 727 272 0781\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-08-24T23:42:41.245935725Z","server_sent_at_ms":1787614961245},"received_at":"2026-08-24T23:42:41.298Z","source_url":"https://www.prnewswire.com/news-releases/scxai-asx-scx-strategic-partnership-with-global-ai-leader-ddn-to-power-australias-largest-sovereign-ai-inferencing-cloud-302858797.html"},"analysis":{"id":"115415","press_release_id":"126473","analysis_json":{"industry":{"label":"Software","sector":"Information Technology"},"redFlags":[],"eventType":"partnership","narrative":"SCX.ai announced a strategic partnership with global AI data intelligence leader DDN to expand Australia's largest sovereign AI inferencing cloud, integrating DDN's Infinia platform with SCX's ASIC-accelerated infrastructure.\n\nThe company disclosed contracted annual recurring revenue of $6.5 million at the end of July, up 20.9% since May, with over 400 active users, following its recent $40 million IPO on the ASX.\n\nThe joint solution delivers sub-millisecond latency and up to 27x faster KV cache loading, with SCX targeting the launch of Node 2 by the end of 2026.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Post-IPO SCX validates tech stack with DDN partnership and discloses growing ARR."},"keyFigures":{"customDimensions":{"arr":"$6.5 million","arr_growth":"20.9%","active_users":400,"ipo_proceeds":"$40 million","kv_cache_loading_speedup":"27x","performance_per_watt_improvement_range":"2.5x to 5.6x"}},"quotedText":"For the first time, Australian organisations have access to a fully domestic, enterprise-grade AI cloud that scales effortlessly","namedEntities":{"people":[{"name":"David Keane","role":"CEO"},{"name":"Sven Oehme","role":"CTO"}],"products":["Infinia","Project MAGPiE","SambaNova AI processors"],"companies":[{"name":"DDN","relationship":"partner"},{"name":"Equinix","relationship":"data centre provider"},{"name":"SambaNova","relationship":"hardware supplier"}],"dollarAmounts":[{"amount":"$40 million","context":"IPO proceeds"},{"amount":"$6.5 million","context":"Contracted annual recurring revenue"}]},"materialImpact":{"score":3,"reasoning":"Strategic partnership with global leader DDN validates the technology stack for Australia's largest sovereign AI inferencing cloud. Additionally, the company disclosed strong commercial momentum with ARR growing 20.9% in two months following its recent IPO."},"tickerRelevance":{"others":[],"primary":"SCX"},"globalImportance":15,"audienceRelevance":15,"eventTypeSecondary":["operations_update"],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"partnership","sectorWeight":"AI_tailwind"}},"event_type":"partnership","event_type_secondary":["operations_update"],"sentiment":"bullish","material_impact_score":3,"narrative":"SCX.ai announced a strategic partnership with global AI data intelligence leader DDN to expand Australia's largest sovereign AI inferencing cloud, integrating DDN's Infinia platform with SCX's ASIC-accelerated infrastructure.\n\nThe company disclosed contracted annual recurring revenue of $6.5 million at the end of July, up 20.9% since May, with over 400 active users, following its recent $40 million IPO on the ASX.\n\nThe joint solution delivers sub-millisecond latency and up to 27x faster KV cache loading, with SCX targeting the launch of Node 2 by the end of 2026.","key_figures":{"customDimensions":{"arr":"$6.5 million","arr_growth":"20.9%","active_users":400,"ipo_proceeds":"$40 million","kv_cache_loading_speedup":"27x","performance_per_watt_improvement_range":"2.5x to 5.6x"}},"named_entities":{"people":[{"name":"David Keane","role":"CEO"},{"name":"Sven Oehme","role":"CTO"}],"products":["Infinia","Project MAGPiE","SambaNova AI processors"],"companies":[{"name":"DDN","relationship":"partner"},{"name":"Equinix","relationship":"data centre provider"},{"name":"SambaNova","relationship":"hardware supplier"}],"dollarAmounts":[{"amount":"$40 million","context":"IPO proceeds"},{"amount":"$6.5 million","context":"Contracted annual recurring revenue"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-08-24T23:44:02.759Z","global_importance":15,"audience_relevance":15,"importance_components":{"tickerTier":"small-cap","eventGravity":"partnership","sectorWeight":"AI_tailwind"}},"durationMs":81451,"modelName":"glm-4.7"}}