Firmus, the ‘Southgate’ AI datacenter builder backed by Nvidia, hits $5.5B valuation
AI-summarised brief · reviewed before publication
Firmus, a Singapore-based data center company, has raised $505 million in a fresh funding round, valuing the company at $5.5 billion. The company has raised $1.35 billion in six months, backed by investors including Nvidia. Firmus is developing energy-efficient data centers in Australia and Tasmania, utilizing Nvidia's reference designs and Vera Rubin platform, marking a significant expansion in the AI industry. This investment underscores the growing demand for AI infrastructure and efficient data centers.