Firmus Technologies has reeled in US technology giant Nvidia as an investor in one of the year’s biggest local equity capital raisings, earning the artificial intelligence infrastructure company unicorn status before a planned public float next year.
Firmus said it had raised $330 million from investors including Nvidia, which values the Singapore-based business at $1.9 billion. Nvidia, which is the world’s most valuable company, and local investment house Ellerston Capital were the two highest-profile new investors.
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