Firmus Raises $500M for AI Infrastructure

Australian AI firm Firmus secures $500M to expedite Project Southgate, an AI infrastructure initiative. The funding will support site development, infrastructure deployment, and energy deals for AI factories across Australia, aiming to meet growing AI demand and Australias renewable energy goals.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.