Australian artificial intelligence company Firmus secures $10 billion debt funding led by Blackstone and Coatue Management. Funds will fuel Project Southgate, expanding AI training infrastructure in collaboration with CDC Data Centres and Nvidia, aiming for 1.6 gigawatts capacity. Blackstone sees AI as a vital investment, driving significant infrastructure growth. Firmus raised $582.41 million in equity placements last year, backed by Nvidia and Ellerston Capital.

Read more at Yahoo Finance: Australian AI infrastructure developer Firmus lands $10 billion debt package from Blackstone, Coatue