Australian AI infrastructure startup Firmus Technologies has received full commitments for a $2bn strategic equity investment round, as it moves ahead with its Project Southgate AI Factory rollout across Australia. Firmus said the funding will support the next phase of Project Southgate in Australia and help prepare for expansion into other Asia-Pacific markets. It added that the new capital will help accelerate its domestic rollout and support targeted investments tied to future expansion. Under that agreement, Firmus said it will create a 360MW Nvidia DSX AI Factory campus, which is set to feature up to 170,000 Nvidia AI accelerators. "Firmus raises $2bn to accelerate Project Southgate rollout" was originally created and published by Verdict, a GlobalData owned brand.