POPA ReconFormer Bitcoin Miner Firmus Raises $2 Billion as Nvidia Backs Its AI Infrastructure Pivot
Former Bitcoin Miner Firmus Raises $2 Billion as Nvidia Backs Its AI Infrastructure Pivot Reuters reported that Firmus, an AI infrastructure company that previously operated as a Bitcoin miner, has raised $2 billion in equity funding at a post-money valuation of more than $10.5 billion. Nvidia and Coatue Management participated again in the round, while Blackstone-managed funds and Jane Street joined as new investors. The funding will accelerate Firmus’ AI factory buildout in Australia and support further expansion across Asia. — link
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