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Australia’s Firmus Raises $2B for AI Data Centers at $10.5B Valuation
['Aminu Abdullahi']
eWEEK
That is nearly double the $5.5 billion valuation it announced after an April funding round.
Firmus has also announced plans to develop a 360-megawatt Nvidia DSX AI factory campus in Batam, Indonesia, designed to support up to 170,000 Nvidia AI accelerators.
The companies reached an agreement in June under which Firmus would purchase Nvidia infrastructure and provide Nvidia-powered cloud services.
Founded in 2019, Firmus initially focused on cryptocurrency and high-performance computing before shifting toward AI infrastructure, according to Data Center Dynamics.
Related reading: As Firmus expands conventional AI infrastructure across Asia-Pacific, Google and SpaceX are exploring a more unconventional approach: solar-powered data centers in space.