Firmus Technologies Signs Nvidia Partnership to Expand AI Compute Access

According to Reuters on June 28, Australian AI infrastructure company Firmus Technologies has signed a strategic partnership with Nvidia aimed at giving emerging AI firms more affordable access to computing power, according to Reuters.

The agreement is designed around Nvidia hardware, Nvidia-powered cloud services, and a revenue-sharing model that ties the chipmaker’s earnings to both product sales and cloud revenue.

Under the arrangement, Firmus said it will buy Nvidia infrastructure and sell cloud services to “AI Native” customers and other users. Reuters said the partnership is meant to make it easier for smaller and developing AI firms to get access to the hardware they need, without relying on the same credit strength and scale advantages that larger companies often have.

Firmus co-chief executive Tim Rosenfield told Reuters the deal was intended to narrow that gap and help newer companies compete more fairly.

The scale of the plan is large. Reuters reported that the deal will deliver 170,000 graphics processing units from the first quarter of 2027 through the start of 2028, with the GPUs located in Batam, Indonesia. Firmus said it expects to earn up to $30 billion in revenue during the first six years of the agreement, based on customer commitments.

The Batam deployment sits inside a broader infrastructure push. Firmus has described the project as a 360-megawatt AI factory campus developed with Singapore-based infrastructure company DayOne, and Reuters connected the new Nvidia deal to that large regional buildout.

The company’s own site describes Firmus AI Factories as modular systems designed to run high-density AI workloads with lower power, water, and space requirements.

The company has also been building its relationship with Nvidia for some time. In May 2025, Nvidia announced DGX Cloud Lepton, a marketplace meant to connect developers to a wider network of cloud-based GPU capacity, and said Firmus was among the NVIDIA Cloud Partners contributing GPUs to that ecosystem.

Firmus later said in June 2025 that it had joined the expanded DGX Cloud Lepton marketplace and was contributing infrastructure from Singapore and Australia.

Financial backing has also been part of the story. Reuters reported in February 2026 that Firmus had secured a $10 billion debt package led by Blackstone and Coatue to advance its Project Southgate infrastructure program, which is being developed with CDC Data Centres and Nvidia and was expected to reach up to 1.6 gigawatts over the next three years. Reuters also reported that Firmus had raised $1.35 billion over the previous six months and that Nvidia had participated in earlier capital raisings, making it an investor in the Australian firm.

That financing backdrop matters because the new partnership appears to give Firmus more room to stay private for now. Reuters said the company had previously been working toward a potential initial public offering, but the stronger commercial footing from the Nvidia deal may affect the timing of any listing. Reuters also reported that Firmus had a $5.5 billion post-money valuation as of April.

For Nvidia, the deal is another way to spread its hardware across a wider cloud ecosystem while keeping demand centered on its own stack. For Firmus, it is a chance to move from infrastructure builder to regional compute provider at a much larger scale.

The immediate focus is clear: more GPUs, more cloud capacity, and broader access for companies that need serious AI compute but do not want to build it themselves.