Firmus raises $2 billion to expand AI factories across Asia-Pacific
The August round includes follow-on investments from Coatue and Nvidia, new capital from Blackstone vehicles and participation from Jane Street, following a US$505 million equity investment announced in April.
By Ryan Merket · Published
Primary source: Bloomberg Technology
Why it matters
Firmus announced a US$505 million strategic equity investment in April 2026 after securing a separate US$10 billion debt facility in February. Its capital-intensive strategy gives the company control over data centers, cooling, power and GPU operations while concentrating construction, energy and customer risk inside one operator.
Firmus, founded by Oliver Curtis, Tim Rosenfield and Jonathan Levee, said on August 7th that it received full commitments for a $2 billion strategic equity round to expand its liquid-cooled AI infrastructure across Australia and Asia-Pacific.…
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