Firmus raises $2B for Nvidia AI factories

Firmus secured commitments for a $2 billion equity round to accelerate Nvidia-based AI factories in Australia and prepare expansion across Asia-Pacific. The company announcement names Coatue, Nvidia, Blackstone-managed funds, and Jane Street, and says the financing takes new equity raised over 12 months above $3 billion at a post-money valuation over $10.5 billion. For operators watching Nvidia-backed capacity deals turn chip demand into financing loops, this is another signal that capital is moving toward vertically integrated power, cooling, and tokens-per-watt infrastructure—not bare GPU inventory alone.