3 outlets·3 reports
Firmus, the ‘Southgate’ AI datacenter builder backed by Nvidia, hits $5.5B valuation
ThinkingNews Desk · how this was written
Firmus, an Australian AI infrastructure startup, has raised $505 million in equity led by Coatue, bringing its total funding in the last six months to $1.35 billion. The company is valued at $5.5 billion and is backed by Nvidia. It plans a $2 billion IPO on the ASX and has secured $10 billion in debt from Blackstone for its AI factory network.
Written from all 3 reports below, not from any single one.
How it was reported
- TechMeme·Australian AI infrastructure startup Firmus raised $505M led by Coatue at a $5.5B valuation, bringing its funding raised in the last six months to $1.35B (Ian King/Bloomberg)
- The Next Web·Nvidia-backed Firmus targets $2bn ASX IPO after locking in $505m equity and $10bn Blackstone debt for its AI factory network
- TechCrunch·Firmus, the ‘Southgate’ AI datacenter builder backed by Nvidia, hits $5.5B valuation
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