Firmus raises 505 million to build AI factories across Asia Pacific and Australia

Capacity could hit 1.6 gigawatts in just three years

Australia’s Firmus has raised $505 million to scale its AI infrastructure platform across the Asia-Pacific region. The funding will also back Project Southgate, a plan to create a network of AI factories in Australia. Developed with Nvidia and CDC Data Centres, the initiative is projected to grow to as much as 1.6 gigawatts of capacity over the next three years.