NVIDIA partner SMC is reportedly raising $950 million, leveraging the AI server boom to stimulate business development

Zhitong
2024.07.25 11:34

Singapore data center newcomer Sustainable Metal Cloud is reportedly raising about $950 million in funding, seeking to leverage the global artificial intelligence boom to stimulate company development. Insiders say that this Australian Firmus Technologies subsidiary is finalizing a round of approximately $400 million in equity financing, in addition to undergoing $550 million in debt financing. SMC is also a partner of NVIDIA

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