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Firmus yet to secure full funding for AI data centre project

Embattled AI data centre company Firmus says one of its planned projects in Tasmania's north is not yet funded, and it is still seeking development approval at another site.

Firmus yet to secure full funding for AI data centre project

We haven't written up this one. ABC News AU has the full story — the link below goes straight to it.

Read the original at abc.net.au →

More in AI

Anthropic Is in Talks for Another $45 Billion AI Deal. Nvidia Could Be a Big Winner.

Anthropic’s proposed $45 billion Nscale expansion could help fuel its growth, but it also adds another enormous bill ahead of its anticipated IPO.

  • Anthropic in talks to add $45 billion in AI contract value with Nscale.
  • Potential second Monarch data center in West Virginia for Nvidia's Vera Rubin chips.
  • Anthropic aims for one of the largest IPOs ever, possibly surpassing SpaceX's listing.

Should You Invest $1,000 in PayPal (PYPL) Right Now?

The fintech stock looks cheap -- but it could struggle to command a higher valuation.

  • PayPal's share price dropped to $187 from $1,000 in July 2021.
  • The company's growth rate declined to 0.3% over the past year.
  • Analysts forecast 5% revenue and 4% EPS growth for PayPal from 2025 to 2028.

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