Firmus news
Firmus appears in 2 stories we have published in October 2026, mostly in our AI and Business coverage. It is most often reported alongside Blackstone, Anthropic and CoreWeave.
Latest development
Blackstone commits $5 billion to Crux AI, expands compute financing playbook
Blackstone is scaling its role in AI infrastructure through direct investments, debt financing, and flexible capital structures. The firm has committed $5 billion to Crux AI, a neocloud launched with Google, and co-led a $10 billion credit facility for Australian GPU provider Firmus. These moves follow Blackstone’s $2.3 billion loan to CoreWeave in 2023, backed by Nvidia GPUs and contracts with Microsoft.
22 October 2026
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Blackstone commits $5 billion to Crux AI, expands compute financing playbook
Blackstone positions itself as a leader in AI infrastructure financing, launching BXN1, committing $5B to Crux AI, and co-leading a $10B credit facility…

Firmus Cancels $30bn Australia IPO, Citing Market Volatility
Firmus cancels its planned $30bn IPO in Australia due to market volatility and valuation concerns. The AI data centre operator will now seek private funding.
