Nvidia-Backed Firmus Raises $2B, Valuation Doubles to $10.5B

On August 7th, Australian AI infrastructure company Firmus announced the completion of a $2 billion (approx. RMB 13.6 billion) strategic equity financing round, which has been fully subscribed. This round brings the post-money valuation to over $10.5 billion, nearly doubling from $5.5 billion just four months ago.