Firmus valuation approaches $7B in new NVIDIA investment: AFR

Artificial intelligence infrastructure firm Firmus Technologies is nearing a $7 billion valuation following a new investment from global technology leader Nvidia. This development comes as Firmus finalizes the third and final tranche of its pre-IPO capital raising, which is expected to exceed $1 billion. The investment includes a share sale to Nvidia and other strategic partners, underscoring the growing interest in AI infrastructure solutions.

This marks a significant increase from Firmus' earlier valuation of $1.9 billion in September 2025, when it secured $330 million in funding led by Nvidia and Ellerston Capital. The company, based in Singapore, is preparing for a public float expected in the coming year. The latest funding round is set to provide critical capital ahead of its anticipated IPO, with management scheduled to present to potential investors in Asia.

The valuation surge reflects the increasing demand for AI infrastructure and the strategic importance of partnerships with industry leaders like Nvidia. Firmus' progress highlights the rapid evolution of the AI sector and the competitive landscape for firms developing next-generation computing solutions.