Firmus is hoping to raise $US3 billion ($4.4 billion) privately by issuing new shares and debt and locking in pre-payments from mega-customers including Nvidia and Meta, as the artificial intelligence infrastructure group seeks fresh funding after the spectacular collapse of its planned $44 billion ASX listing.
The pre-payment talks are the most advanced of Firmus’ raising plans and could facilitate about 12.5 per cent of the company’s contracts being paid upfront to help fund yet-to-be-built AI and data centre capacity, three people with knowledge of the plan said on the condition of anonymity.
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