{
  "id": 251439,
  "title": "Sydney-based AI data center company Firmus raised $2B in funding from Coatue, Nvidia, and others at a $10.5B post-money valuation, up from $5.5B in April (Nichiket Sunil/Reuters)",
  "url": "https://urgent.news/2026/08/07/sydney-based-ai-data-center-company-firmus-raised-2b-in-funding-from",
  "topic": "ai",
  "section": "AI",
  "published": "2026-08-07T03:55:01.000Z",
  "source": {
    "name": "Techmeme",
    "slug": "techmeme",
    "url": "https://www.reuters.com/technology/firmus-nearly-doubles-valuation-over-105-billion-4-months-with-nvidia-backed-2026-08-07/"
  },
  "original_language": "en",
  "account": null,
  "summary": "Firmus said on Friday it had raised $2 billion in equity in its latest funding round to speed up the build-out of AI factories …",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Nvidia’s valuation is lowest in 10 years despite mind-blowing AI demand, BofA say",
        "url": "https://urgent.news/2026/08/08/nvidias-valuation-is-lowest-in-10-years-despite-mind-blowing-ai",
        "published": "2026-08-08T17:22:56.000Z"
      }
    ]
  },
  "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."
}