'This transaction reflects the scale of investment in AI infrastructure globally and the increasing value placed on platforms capable of supporting next generation compute demand,' say partners Emin Altiparmak and Joshua Hoare. We advised Blackstone on its equity investment in Firmus Technologies as part of a US$2 billion strategic equity funding round. Find out more about our expertise in AI infrastructure and data centres: https://lnkd.in/gaa5wtbj
Announcing a fully subscribed USD$2 billion strategic equity investment to accelerate our NVIDIA AI Factory expansion across Australia and Asia-Pacific. “We believe AI infrastructure will be a foundational driver of global growth and it is among our highest conviction investment themes. We are pleased to continue to invest in Firmus and support platforms at the forefront of AI innovation.” John Watson, Senior Managing Director, Blackstone “We continue to believe Firmus represents a differentiated approach to AI infrastructure. Its combination of proprietary IP, manufacturing innovation and a repeatable deployment model creates a compelling platform to serve the growing needs of both AI-native companies and enterprise customers as demand for AI infrastructure continues to accelerate.” Robert Yin, General Parnter, Coatue Management 🔗 Read release: https://lnkd.in/gwbmt_m5