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911 Nvidia-backed Firmus targets $2bn ASX IPO after locking in $505m equity and $10bn Blackstone debt for its AI factory network

The Next Web
Cristian Dina @ The Next Web · 04/07/2026 08:42 EDT

Nvidia-backed Firmus targets $2bn ASX IPO after locking in $505m equity and $10bn Blackstone debt for its AI factory network

In short: Australian AI data centre company Firmus has raised $505m at a $5.5bn valuation in what it says is its final pre-IPO round, and is now targeting a $2bn listing on the ASX in June or July, backed by a $10bn Blackstone-led debt facility secured in February and a plan to deploy 1.6 gigawatts of […]
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