AiCoin|Aug 07, 2026 03:16
[Firmus Completes $2 Billion Financing, Valuation Reaches $10.5 Billion]
According to Reuters, Australian artificial intelligence infrastructure company Firmus has completed a $2 billion equity financing round, raising its post-money valuation to $10.5 billion—nearly double the $5.5 billion valuation from its previous round in April. This round of financing was participated in by NVIDIA and Coatue Management, with support from Blackstone's funds and Jane Street. Firmus plans to use the funds to accelerate the development of AI training and inference infrastructure in Australia and the Asia-Pacific region, as well as to advance its expansion into markets such as Indonesia and other parts of Asia.
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