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” […]
Insider Brief Maximo, a solar robotics company incubated by AES, announced it has completed installation of 100 megawatts of utility-scale solar capacity at AES’ Bellefield complex. The company said the development reflects growing demand for automation in solar construction, where labor shortages, tighter timelines and cost pressures are driving interest in technologies that can accelerate […]