Australian ai firmus secures major funding to speed up data centre expansion

Australian ai firmus secures major funding to speed up data centre expansion

Sydney:  Australian artificial intelligence infrastructure company Firmus has raised about three hundred twenty five million dollars in fresh funding as it pushes ahead with its plan to build large scale data centres across the country. The latest investment round is backed by major supporters including Nvidia and Ellerston Capital, strengthening the company’s position in a fast growing global market for high power ai facilities.

Firmus said the new funds will help accelerate Project Southgate, its major rollout of ai infrastructure that aims to reach as much as one point six gigawatts of capacity by twenty twenty eight. This expansion includes a network of next generation ai factories designed to handle increasing demand for advanced computing.

The company’s valuation has risen sharply in recent weeks, with local reports indicating that its worth has climbed to around six billion dollars after the new funding round. The rapid growth has drawn attention within Australia’s technology sector, especially as the country works to position itself as a key player in global ai development.

Firmus is also focusing on sustainable operations, with plans to use energy efficient systems and renewable power sources across its ai sites. The company has described these centres as green ai factories that will reduce environmental impact while supporting heavy computing needs.

Industry analysts say Australia is witnessing a surge in investment in data centres due to rising demand for ai processing. With strong backing and aggressive expansion plans, Firmus is expected to play a major role in shaping the country’s ai infrastructure landscape in the coming years.


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