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 raised $2B to expand AI data centers, nearly doubling its valuation to $10.5B in four months.
Excerpt
<p><a href="https://www.techmeme.com/260806/p61#a260806p61" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Nichiket Sunil / <a href="http://www.reuters.com/">Reuters</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.reuters.com/technology/firmus-nearly-doubles-valuation-over-105-billion-4-months-with-nvidia-backed-2026-08-07/">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</a></b></span> — Firmus said on Friday it had raised $2 billion in equity in its latest funding round to speed up the build-out of AI factories … </p>
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