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Firmus nearly doubles valuation to over $10.5 billion in 4 months with Nvidia-backed fundraise

Firmus secured two billion dollars in equity funding this week. This investment brings the company's valuation to over ten point five billion dollars. The funds will accelerate AI factory build-outs in Australia and Asia. Nvidia and Coatue Management participated in the latest funding round. Firmus plans to expand its…

7 Aug 2026

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Open the official Economic Times Tech page to verify the current details for "Firmus nearly doubles valuation to over $10.5 billion in 4 months with Nvidia-backed fundraise".
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"Firmus nearly doubles valuation to over $10.5 billion in 4 months with Nvidia-backed fundraise" is a news brief attributed to Economic Times Tech, dated 6/8/2026. Firmus secured two billion dollars in equity funding this week. This investment brings the company's valuation to over ten point five billion dollars. The funds will accelerate AI factory build-outs in Australia and Asia. It is filed for policy tracker.

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Editorial record

Published by: University of AI India editorial desk
Reviewed by: University of AI India editorial desk
Source verified: 14/8/2026
Last reviewed: 14/8/2026
AI assistance: May have assisted drafting; sources and claims require editorial review
Index status: Meets public index standard

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Reference: Economic Times Tech

Official URL: https://economictimes.indiatimes.com/tech/funding/firmus-nearly-doubles-valuation-to-over-10-5-billion-in-4-months-with-nvidia-backed-fundraise/articleshow/133019688.cms

Source: Economic Times Tech

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