MoneyApril 7, 2026via TechCrunch AI
Firmus, the ‘Southgate’ AI data center builder backed by Nvidia, hits $5.5B valuation
Why it matters
Nvidia is doubling down on AI infrastructure beyond chips, backing a data center builder that signals where the real bottleneck (and opportunity) lies for scaling AI in Asia. This shows how infrastructure capital is consolidating around Nvidia-aligned players.
Key signals
- Firmus valuation: $5.5B
- Capital raised in 6 months: $1.35B
- Backer: Nvidia
- Focus: Asia AI data center infrastructure
- Nickname reference: 'Southgate' (suggesting strategic role in ecosystem)
The hook
$5.5B. That's Firmus's new valuation after raising $1.35B in just six months—Nvidia's bet on Asia's AI infrastructure play.
Nvidia-backed Asia AI data center provider Firmus has now raised $1.35 billion in six months.