{
  "id": 249048,
  "title": "Firmus nearly doubles valuation to over $10.5 billion in 4 months with Nvidia-backed fundraise",
  "url": "https://urgent.news/2026/08/07/firmus-nearly-doubles-valuation-to-over-10-5-billion-in-4-months-with",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-07T02:54:05.000Z",
  "source": {
    "name": "Economic Times Tech",
    "slug": "economic-times-tech",
    "url": "https://economictimes.indiatimes.com/tech/funding/firmus-nearly-doubles-valuation-to-over-10-5-billion-in-4-months-with-nvidia-backed-fundraise/articleshow/133019688.cms"
  },
  "original_language": "en",
  "account": null,
  "summary": "Firmus secured two billion dollars in equity funding this week. This investment brings the company's valuation to over ten point five billion dollars. The funds will accelerate AI factory build-outs in Australia and Asia. Nvidia and Coatue Management participated in the latest funding round. Firmus plans to expand its AI infrastructure initiatives across the region.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}