Firmus closes $10 billion Blackstone deal to fund Australian “AI factories.”

Firmus, the artificial intelligence data center provider co-founded by Oliver Curtis, has secured a massive $US10 billion ($14.2 billion) credit facility led by private equity giant Blackstone to fund its ambitious plans to build so-called AI factories across Australia.

The deal is one of Australia’s largest private debt financings and was first reported by The Australian Financial Review. It was also backed by leading global investment firm Coatue.

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