Mining Firm Transformation into AI Scores Another Success: Firmus Completes $2 Billion Equity Financing Round with Participation from NVIDIA

BlockBeats News, August 7th - AI infrastructure company Firmus has completed a $2 billion equity financing, with a post-investment valuation exceeding $10.5 billion. Nvidia and Coatue Management continued to participate in this round of financing, while funds under Blackstone and Jane Street also joined as new investors.

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