Goodman Group (ASX:GMG) Chief Executive Greg Goodman said Australia is competitive in the artificial intelligence sector, provided that infrastructure and power are available at "reasonable" costs, The Australian reported on Tuesday.

Other parts of the world "are also getting more expensive with planning issues and grid issues," he noted.

The hurdles in capacity development are getting higher in regard to infrastructure and costs, and both investors and customers want partners with capital, strong alignment, and a proven track record of delivery.

Goodman predicted more demand for computing power in big cities as AI models shift from training to inferencing as AI adoption accelerates. He added that the firm was at the "customer stage" at key projects and demand was strong.

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