Firmus Raises $505M to Expand AI Data Centre Infrastructure

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Australian startup Firmus has raised $505 million in funding to expand its AI data centre infrastructure, valuing the company at $5.5 billion. The investment will support the deployment of infrastructure based on Nvidia's next-generation chips and systems, and accelerate the rollout of AI hardware across the Asia-Pacific region.
Firmus, an Australian startup, has raised $505 million in funding. The company builds high-density AI-focused data centres, known as AI Factories. The latest funding will help deploy infrastructure based on Nvidia's Vera Rubin DSX reference design. Firmus aims to have infrastructure ready before the hardware is widely available. The funding will support Firmus's Project Southgate, a major Australian AI infrastructure initiative. The project will rely on renewable energy and could reach up to 1.6 gigawatts of capacity over three years.
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