Asia AI knowledge heart supplier Firmus on Monday announced a recent $505 million elevate led by Coatue at a $5.5 billion post-money valuation. With this spherical, Firmus has raised $1.35 billion in six months, it says.
The Singapore-based knowledge heart firm beforehand raised AU$330 million (roughly $215 million) at an AU$1.85 billion ($1.2 billion) valuation from buyers, together with Nvidia.
Firmus is growing an energy-efficient “AI manufacturing facility” community of information facilities in Australia and Tasmania, a undertaking it dubs Challenge Southgate. It’s utilizing Nvidia’s reference designs for constructing these environment friendly knowledge facilities. These new knowledge facilities will use Nvidia’s Vera Rubin platform — the chip big’s next-gen AI computing system succeeding its Blackwell structure, anticipated to ship within the second half of 2026.
Firmus initially offered cooling applied sciences for Bitcoin mining and has turn into one more crypto-roots-turned-AI supplier firm that buyers love.
