Australian AI Firm Firmus Technologies Signs Strategic Partnership with Nvidia

Jun 28, 2026

Australian AI firm Firmus Technologies has partnered with Nvidia to build a 360MW AI data center in Batam, Indonesia. The deal, expected to generate up to $30 billion in revenue over six years, will provide 170,000 GPUs to give smaller AI firms more cost-effective access to computing power. Firmus, recently valued at $5.5 billion after a $1.35 billion funding round, is also preparing for a potential IPO.

Nvidia partnership agreement

▪Nvidia is an existing investor in Firmus, having participated in previous capital raisings.
▪Australian AI infrastructure company Firmus Technologies signed a strategic partnership with Nvidia Corp.
▪The eight-year partnership involves Firmus buying Nvidia infrastructure and selling Nvidia-powered cloud services.
▪Firmus Technologies expects to earn up to $30 billion in revenue during the first six years of the deal, based on customer commitments.
▪As part of the deal, Nvidia will receive product revenue and a share of cloud revenue from Firmus.

GPU infrastructure deployment

▪Firmus and Singapore-based DayOne will develop a 360 megawatt Nvidia DSX AI Factory campus in Batam, Indonesia.
▪The project includes the delivery of 170,000 Graphics Processing Units (GPUs) between the first quarter of 2027 and the start of 2028.

Democratizing AI access

▪Firmus co-chief executive Tim Rosenfield stated the deal is a "material way to level the playing field" for new companies to compete with larger ones.
▪The partnership aims to provide emerging and smaller AI firms with more cost-effective access to computing power and infrastructure.

Firmus capital raising

▪In April, Firmus announced it had raised $1.35 billion over the preceding six months.
▪The recent funding round gave Firmus Technologies a $5.5 billion post-money valuation.

IPO preparations

▪Firmus has appointed investment banks to work on a potential initial public offering (IPO).
▪Firmus co-chief executive Tim Rosenfield declined to comment on the company's IPO preparations.