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Mining Firm AI Transformation Yields Another Success Story, Firmus Completes $2 Billion Equity Financing Round with Investment from NVIDIA
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BlockBeats News, August 7th, AI infrastructure company Firmus has completed a $2 billion equity financing, with a post-money valuation of over $10.5 billion. NVIDIA and Coatue Management continue to participate in this round of financing, while funds under Blackstone and Jane Street have also joined as new investors.

Firmus was early involved in Bitcoin mining, and later transitioned into a data center and AI infrastructure company; this round of funding will be used to accelerate the construction of an AI factory in Australia and further expand into the Asian market. (Reuters)

Source: BlockBeats

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