Firmus Raises $2B as Nvidia Backs AI Infrastructure Expansion

• Former BTC miner Firmus raised $2B at over $10.5B valuation with Nvidia, Coatue, Blackstone and Jane Street.
• Firmus pivoted from BTC mining to building AI data centers and factories using Nvidia’s DSX architecture.
• The funding will accelerate Firmus’ AI factory buildout in Australia and support expansion across Asia.

Firmus, an Australian artificial intelligence (AI) infrastructure company that formerly operated as a Bitcoin (BTC) miner, has raised $2 billion in equity funding at a post-money valuation of more than $10.5 billion. The funding was backed by Nvidia Corp and Coatue Management, driven by intense global demand for specialized AI data centers.

Firmus Raises $2B at Over $10.5B Valuation

Firmus has raised $2 billion in a new equity funding round, pushing its post-money valuation to over $10.5 billion. The funding nearly doubles the company’s valuati…

Read The Full Article Firmus Raises $2B as Nvidia Backs AI Infrastructure Expansion On Coin Edition.