Blackstone’s $14 billion for Firmus is an all-in bet on Australian AI

Australian AI factory hopeful Firmus has Blackstone’s money and Nvidia’s chips, is on the verge of signing Meta as its major customer and is awaiting what will be the country’s largest computer shipment in the next six weeks – worth $2 billion.

His rapid rise from cooling technology start-up and Bitcoin miner to AI infrastructure hub and would-be hub of Australia’s newest export industry, AI tokens, is taking shape.

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