Firmus nearly doubles valuation to over $10.5 billion in 4 months with Nvidia-backed fundraise

Firmus secured two billion dollars in equity funding this week. This investment brings the company’s valuation to over ten point five billion dollars. The funds will accelerate AI factory build-outs in Australia and Asia. Nvidia and Coatue Management participated in the latest funding round. Firmus plans to expand its AI infrastructure initiatives across the region.
Read more at the source

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.