Firmus valuation hits $10.5 billion following Nvidia-supported funding
Firmus Technologies, a data center company supported by Nvidia, announced on Friday that it secured $2 billion in a fresh funding round. This investment pushes the company's valuation past $10.5 billion. The firm has nearly doubled its worth since its previous funding round in April, which valued the business at $5.5 billion. Investors in this latest round included Nvidia, funds managed by Blackstone, Jane Street, and Coatue Management.
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