Australian AI infrastructure startup Firmus Technologies announced today that it has secured a massive debt financing of $1 billion, led by Blackstone. This is one of the largest private credit financings in Australian history and marks a new phase in the "arms race" of global AI computing infrastructure.
The funds will primarily be used for Firmus' "South Gate Project". The plan aims to build large-scale AI centers across Australia, with a goal of increasing computing capacity to 1.6 gigawatts by 2028. These facilities will be equipped with NVIDIA's latest high-performance chips, offering top-tier AI cloud and bare-metal computing services to global customers.
Firmus' core competitiveness lies in its self-developed liquid cooling technology. Compared to traditional solutions, this technology can reduce energy consumption by 45%, achieving an almost 1.02 ultra-efficient power usage efficiency. Blackstone stated that, driven by the AI revolution, high-energy-efficient physical infrastructure is currently the most promising investment sector.
Previously, Firmus had received equity investments from giants such as NVIDIA. This $1 billion funding injection will help it secure a central position in the Asia-Pacific and global computing market.
