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Silicon Valley’s AI spending spree comes with an Australian invoice

Local firms are seeing bills climb as usage-based pricing and offshore AI infrastructure shift costs into U.S. dollars, executives and analysts said.

From a Sydney software company to a Hobart retailer, Australian businesses are finding the fastest-growing line in the budget is one they can’t control.

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Sydney Morning Herald broke the news in North Sydney, Australia on Monday, July 27, 2026.
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