Firmus Reaches $5.5B Valuation as Nvidia-Backed AI Data Center Expansion Accelerates
Firmus, a Singapore-based AI data center developer backed by Nvidia, has raised $505 million in new funding led by Coatue, reaching a $5.5 billion post-money valuation. The company said it has secured $1.35 billion in funding within six months, reflecting strong investor demand for AI infrastructure. Firmus is building an energy-efficient network of “AI factory” […]