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

EPISODE · Feb 10, 2026 · 11 MIN

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

from FEAR & GREED | Business News · host Fear and Greed

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.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

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

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