Firmus Raises $2B as Nvidia Backs AI Infrastructure Expansion
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Former BTC miner Firmus raised $2 billion in equity at a post‑money valuation above $10.5 billion with backing from Nvidia, Coatue, Blackstone and Jane Street. The company has pivoted from crypto mining to building Nvidia DSX‑powered AI data centers and factories, using the funds to accelerate buildout in Australia and expand across Asia, signaling major fundraising, capital reallocation from BTC mining and strong investor appetite for AI infrastructure.
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- 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.
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