10 Billion Dollars! Blackstone Leads the Largest Financing for Australian AI Infrastructure Company Firmus
Australian AI infrastructure startup Firmus Technologies has secured a 10 billion dollar debt financing led by Blackstone Group, setting a record for private credit in the country. The funds will be used for the South Gate Project, aiming to build ultra-large-scale AI centers across Australia by 2028, with a target computing capacity of 1.6 gigawatts, marking an intensification of global competition in AI computing infrastructure.
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