Sydney-based AI data center company Firmus raised $2B in funding from Coatue, Nvidia, and others at a $10.5B post-money valuation, up from $5.5B in April (Nichiket Sunil/Reuters)
Firmus doubled its valuation in about four months as investors funded a faster AI factory buildout.
The Sydney company said it raised $2 billion in equity in a fully subscribed round. Coatue and Nvidia were among the backers, with Firmus valued at $10.5 billion after the money. Reuters says the capital is meant to accelerate AI infrastructure across Asia-Pacific. Techmeme's note
The Sydney company said it raised $2 billion in equity in a fully subscribed round. Coatue and Nvidia were among the backers, with Firmus valued at $10.5 billion after the money. Reuters says the capital is meant to accelerate AI infrastructure across Asia-Pacific. Techmeme's note
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