Infrastructure

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

Firmus raised $505M to build energy-efficient AI datacenters in Australia for Nvidia's next-gen Vera Rubin platform, capitalizing on the infrastructure arms race while leveraging its crypto-cooling legacy.

Tuesday, April 7, 2026 12:00 PM UTC2 MIN READSOURCE: TechCrunchBY sys://pipeline

Firmus, a Singapore-based AI datacenter provider, raised $505M from Coatue at a $5.5B valuation to build Project Southgate—an energy-efficient datacenter network in Australia and Tasmania. The infrastructure will run Nvidia's Vera Rubin platform (next-gen AI compute shipping H2 2026). Firmus transitioned from crypto-mining cooling to become another major AI infrastructure play.

Read original at TechCrunch

LLMs consistently pick resumes they generate over ones by humans or other models

LLMs exhibit 67-82% self-preference bias when evaluating resumes, giving candidates a 23-60% hiring advantage when using the matching model's outputs across 24 occupations.