--- title: "NVIDIA-supported Australian artificial intelligence company Firmus raises $325 million" type: "News" locale: "en" url: "https://longbridge.com/en/news/265845825.md" description: "Australian artificial intelligence company Firmus announced that it has raised AUD 500 million in a new round of financing, supported by NVIDIA and Elliston Capital. This financing is the second in two months and aims to accelerate the development of its artificial intelligence infrastructure plan Project Southgate" datetime: "2025-11-14T04:55:39.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/265845825.md) - [en](https://longbridge.com/en/news/265845825.md) - [zh-HK](https://longbridge.com/zh-HK/news/265845825.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/265845825.md) | [繁體中文](https://longbridge.com/zh-HK/news/265845825.md) # NVIDIA-supported Australian artificial intelligence company Firmus raises $325 million Australian company Firmus announced on Friday that it will raise AUD 500 million (USD 324.9 million) in a new round of financing. This artificial intelligence company and potential IPO candidate aims to accelerate the development of its AI infrastructure plan, Project Southgate. According to a source familiar with the matter, this financing is the second in two months and has the support of American chip giant NVIDIA and domestic fund management company Ellerston Capital. These two investors are already supporters of Firmus and participated in earlier rounds of financing ### Related Stocks - [NVIDIA Corporation (NVDA.US)](https://longbridge.com/en/quote/NVDA.US.md) ## Related News & Research - [Nvidia Stock (NVDA) Braces for a Quick Snapback after a Rare Two-Quarter Losing Streak](https://longbridge.com/en/news/281360100.md) - [France's Mistral raises $830 million in debt for AI data centre build-up](https://longbridge.com/en/news/280962362.md) - [TCS Rewires Enterprise Tech With AI](https://longbridge.com/en/news/280993412.md) - [Economist: AI bubble has popped, but a rarer AI bubble grows](https://longbridge.com/en/news/281032131.md) - [Folk are getting dangerously attached to AI that always tells them they're right](https://longbridge.com/en/news/280988775.md)