{"id":1027294,"date":"2026-08-08T08:14:42","date_gmt":"2026-08-08T02:44:42","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1027294"},"modified":"2026-08-08T08:30:14","modified_gmt":"2026-08-08T03:00:14","slug":"firmus-nearly-doubles-valuation-to-over-10-5-billion-in-4-months-with-nvidia-backed-fundraise","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/08\/08\/firmus-nearly-doubles-valuation-to-over-10-5-billion-in-4-months-with-nvidia-backed-fundraise\/","title":{"rendered":"Firmus nearly doubles valuation to over $10.5 billion in 4 months with Nvidia-backed fundraise"},"content":{"rendered":"<p>Firmus said on Friday it had raised $2 billion in equity in its latest funding round to speed up the build-out of AI factories in Australia and Asia Pacific, bringing up the company&#8217;s post-money \u200cvaluation to \u2060above $10.5 \u2060billion. <\/p>\n<p>The latest funding round saw \u200bfollow-on participation from Nvidia and tech investor Coatue Management, along \u200bwith backing from Blackstone&#8217;s funds and Jane Street. <\/p>\n<p>The raise values Australia-based Firmus post-money above $10.5 \u200bbillion, nearly double the $5.5 billion \u2060valuation from \u200cits earlier round in April.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Firmus said on Friday it had raised $2 billion in equity in its latest funding round to speed up the build-out of AI factories in Australia and Asia Pacific, bringing up the company&#8217;s post-money \u200cvaluation to \u2060above $10.5 \u2060billion. The latest funding round saw \u200bfollow-on participation from Nvidia and tech investor Coatue Management, along \u200bwith backing from Blackstone&#8217;s funds and Jane Street. The raise values Australia-based Firmus post-money above $10.5 \u200bbillion, nearly double the $5.5 billion \u2060valuation from \u200cits earlier round in April.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1027294","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1027294","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1027294"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1027294\/revisions"}],"predecessor-version":[{"id":1027317,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1027294\/revisions\/1027317"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1027294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1027294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1027294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}