Firmus founders
AI/Machine Learning

AI data centre startup Firmus valuation trebles to $6 billion in just 8 weeks after raising another $500 million

- November 14, 2025 2 MIN READ

Artificial intelligence data centre startup Firmus Technologies has trebled its valuation to $6 billion after raising another $500 million, just two months after banking $330 million in a deal with Nvidia. After setting out to build an AI data centre in Tasmania, the Singapore-based company announced a $73.3 billion plan, Project Southgate, with AI infrastructure also… Read more »

Firmus founders
AI/Machine Learning

Green-powered AI data centre plan goes national with $73.3 billion project across 4 Australian capitals

- October 16, 2025 2 MIN READ

Australian-founded AI infrastructure startup Firmus Technologies is heading to mainland Australia with a $73.3 billion plan in partnership with CDC Data Centres and Nvidia to build four more AI data centres in capital cities. The initial deal for Project Southgate – the plan to build an AI data centre in Tasmania – is worth $4.5 billion,… Read more »