Abigail Avery

Firmus, the ‘Southgate’ AI data center builder backed by Nvidia, hits $5.5B valuation

Asia AI data center provider Firmus on Monday announced a fresh $505 million raise led by Coatue at a $5.5 billion post-money valuation. With this round, Firmus has raised $1.35 billion in six months, it says. The Singapore-based data center company previously raised AU$330 million (approximately $215 million) at an AU$1.85 billion ($1.2 billion) valuation from investors, including…

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Iranian hackers are targeting American critical infrastructure, US agencies warn

The U.S. government is warning that Iran-backed hackers are escalating their tactics by targeting American critical infrastructure systems with the aim of causing disruption. In a joint advisory published Tuesday, the FBI, the National Security Agency, the U.S. Cybersecurity and Infrastructure Security Agency (CISA), and the U.S. Department of Energy collectively warned that Iranian government…

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