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Australian AI infrastructure developer Firmus lands $10 billion debt package from Blackstone, Coatue
Yahoo Finance· 2026-02-09 02:03
By Scott Murdoch SYDNEY, Feb 9 (Reuters) - Australian artificial intelligence company Firmus said on Monday ​it had finalised a $10 billion debt funding ‌package led by global private equity firm Blackstone (BX) and Coatue ‌Management, a New York-based technology investor. Firmus said the funding would be used to build the next phase of its Project Southgate, the company's initiative ⁠to develop AI ‌training and inference infrastructure, which includes data centres, across Australia. SYDNEY, AUSTRALIA ...
Nvidia-backeed Australian AI company Firmus raises $325 million
Yahoo Finance· 2025-11-13 23:25
By Scott Murdoch and John Biju (Reuters) -Australia's Firmus announced on Friday it would raise A$500 million ($324.​9 million) in a new funding round, as the artificial ‌intelligence company and potential IPO candidate looks to accelerate development of Project Southgate, its AI infrastructure ‌initiative. The fundraising, the second in two months, was backed by U.S chip giant Nvidia Corp and domestic fund manager Ellerston Capital, according to a person familiar with the matter. The two investors are ...