Key facts
- Firmus Technologies and Nvidia are partnering to build a 350-megawatt AI factory in Batam, Indonesia.
- The facility will house 170,000 Nvidia GPUs, to be delivered between Q1 2027 and early 2028.
- Firmus will offer Nvidia-powered cloud services to AI companies, aiming to provide cost-effective computing power.
- The company anticipates generating up to $30 billion in revenue over the first six years of the deal.
- Nvidia has previously invested in Firmus Technologies during its capital-raising rounds.
Australian AI infrastructure company Firmus Technologies announced a strategic partnership with Nvidia Corp to build a 350-megawatt "AI factory" in Batam, Indonesia. The facility will house 170,000 Nvidia Graphics Processing Units (GPUs), with deliveries scheduled between the first quarter of 2027 and early 2028.
The partnership aims to provide emerging AI firms with more affordable access to computing power. Firmus will purchase Nvidia infrastructure and offer Nvidia-powered cloud services to its customers, including 'AI Native' companies. The company anticipates generating up to $30 billion in revenue during the initial six years of the partnership, based on customer commitments.
Nvidia has previously invested in Firmus Technologies through its capital-raising rounds. In April, Firmus announced it had raised $1.35 billion over the preceding six months, achieving a post-money valuation of $5.5 billion. The company has also reportedly appointed investment banks to explore a potential initial public offering.