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Nvidia-Backed Firmus Scraps $5B Australian IPO, Seeks Private Funding
Firmus, the Australian data-center developer backed by Nvidia, abandoned a planned US$5 billion initial public offering on October 9 after weak investor demand, turning to private funding to support its expansion in AI infrastructure.
Bitdeer Secures 67MW AI Data Center Campus in Malaysia, Bringing Total to 273.5MW
Editor's note: Bitdeer withdrew an earlier October 8 announcement and instructed recipients to disregard it, subsequently issuing a replacement release. The original described a 60 MW A103 facility at its existing Cyberjaya campus and a total secured AI Cloud capacity of 333.5 MW, equivalent to 95% of its 350 MW target. The replacement instead identifies a new 67 MW A901 campus and reports 273.5 MW of secured capacity, or approximately 78% of its target. The facility's location, agreement duration, hardware specifications and delivery timeline also changed. This article reflects the replacement announcement. TheEnergyMag's earlier social media coverage was based on the withdrawn release.
15h ago
EIF Returns to Dallas in 2027. Plus, SpaceX, Broadcom Seek $90B AI Debt
Broadcom, SpaceX and Oracle are seeking billions for AI chips as lenders take a closer look at the risks. Plus: Energy Investors Forum returns in 2027. ...
1d ago
Duke Energy Reaches Data Center Cost Deal With Tech Giants
Duke Energy has reached an agreement with major tech companies and North Carolina’s utility consumer advocate to broaden financial safeguards for serving data c...
1d ago
Memphis Delays Data Center Moratorium Vote Amid Protests
Memphis council members delayed a vote on a proposed one-year data center moratorium until Oct. 20 as protesters disrupted the meeting. ...
1d agoMost Read
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Duke Energy Reaches Data Center Cost Deal With Tech Giants
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Hut 8 Files $399 Million Building Project at Beacon Point AI Campus
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Nvidia-Backed Firmus Scraps $5B Australian IPO, Seeks Private Funding
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Bitdeer Secures 67MW AI Data Center Campus in Malaysia, Bringing Total to 273.5MW
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EIF Returns to Dallas in 2027. Plus, SpaceX, Broadcom Seek $90B AI Debt
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