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FEAR & GREED | Business News

Q+A: The $1b Aussie company tackling AI's biggest challenge

11 min10 februari 2026

As artificial intelligence explodes, electricity demand is fast becoming one of the biggest constraints on growth. Data centres are consuming vast amounts of power, and access to the grid is emerging as a critical bottleneck - not just in Australia, but globally.

Sean Aylmer speaks with Jack Curtis, co-founder and chief commercial officer of Neara, Australia’s newest tech unicorn. Neara has just raised $90 million at a valuation above $1 billion, aiming to help electricity networks unlock more capacity and meet surging AI-driven demand.

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