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Australia-based AI infrastructure company Firmus raised AU$500M, or ~$325M, tripling its valuation to AU$6B in two months, after raising AU$330M in September (Tess Bennett/Australian Financial Review)

Tess Bennett / Australian Financial Review : Australia-based AI infrastructure company Firmus raised AU$500M, or ~$325M, tripling its val...

24 February 2025

TD Cowen: Microsoft cancels leases for a substantial amount of US data centers, potentially due to over-investment fears; Microsoft plans to spend $80B in 2025 (Bloomberg)

Bloomberg:
TD Cowen: Microsoft cancels leases for a substantial amount of US data centers, potentially due to over-investment fears; Microsoft plans to spend $80B in 2025  —  - The company has pledged $80 billion toward computing capacity  — Wall Street is questioning AI demand over the longer-term

Posted from: this blog via Microsoft Power Automate.

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