Nvidia in talks to invest hundreds of millions in Australian AI cloud firm Firmus
Photo: Crypto Briefing
The chipmaker is reportedly negotiating a major stake in the former Bitcoin miner turned AI infrastructure builder, months after Firmus shelved its IPO Nvidia is negotiating to invest hundreds of millions of dollars in Firmus, the Australian AI cloud provider that already plans to run a huge fleet of Nvidia chips. If the deal closes, Nvidia would be both Firmus’s supplier and one of its shareholders. The talks come at an awkward moment for Firmus. The company recently postponed a planned Australian IPO because investors had cooled on AI infrastructure. Firmus did not start out in AI.
Source: Crypto Briefing
