The Australian-founded AI infrastructure company said the Batam, Indonesia deployment will run from Q1 2027 to early 2028 and is aimed at giving smaller AI firms cheaper access to computing power.
Firmus Technologies said it has signed a strategic partnership with Nvidia Corp under which the Australian-founded AI infrastructure company will buy Nvidia infrastructure and sell Nvidia-powered cloud services to "AI Native" customers and others. The agreement is set to deliver 170,000 Graphics Processing Units (GPU, chips used for AI computing) from the first quarter of 2027 to the start of 2028 in Batam, Indonesia. Firmus said it expects to generate up to $30 billion in revenue during the first six years of the deal, based on customer commitments, while Nvidia would receive product revenue and a share of cloud revenue. Firmus co-chief executive Tim Rosenfield said the arrangement is designed to narrow the financing and cost advantages that larger rivals enjoy and help smaller and emerging AI companies access infrastructure more affordably. Nvidia has also taken part in Firmus' previous capital raisings, making it an investor in the company, according to Firmus. In April, Firmus said it had raised $1.35 billion over the prior six months at a $5.5 billion post-money valuation, and people familiar with the matter said it has appointed investment banks to work on a potential initial public offering. Rosenfield declined to comment on the IPO preparations.