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Data center builder Firmus Technologies Pty raised $505 million in an investment round led by Coatue Management LLC.
Firmus Technologies raised $505 million, valuing the company at $5.5 billion.
KEY POINTS
- The funding will deploy Nvidia's forthcoming Vera Rubin DSX AI hardware in Asia-Pacific data centers.
- Firmus's Southgate project in Tasmania will use 36,000 Nvidia accelerator chips and run on renewable energy.
- Nvidia participated in the round and is promoting 'sovereign AI' by supporting local data center infrastructure.
- Firmus has raised $1.35 billion in six months and attracted a global hyperscaler customer for Southgate.
COMPANIES
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