Overview
- Firmus announced on Monday that it signed a multi‑year commercial and supply agreement with Nvidia to place 170,000 GPUs in a 360 MW Nvidia DSX AI Factory in Batam, with deliveries starting in the first quarter of 2027 and continuing into early 2028.
- The pact establishes a revenue‑sharing cloud model in which Firmus will sell Nvidia‑powered cloud services; based on current customer commitments Firmus projects roughly $25 billion to $30 billion of offtake revenue in the first six years.
- The Batam campus will be developed with Singapore-based DayOne as a multi-tenant site aimed at smaller 'AI‑native' customers, while Firmus continues Project Southgate in Melbourne to host tens of thousands of GB300 GPUs for hyperscaler and enterprise clients.
- Firmus has raised about $1.35 billion in recent equity rounds, arranged large debt facilities, and appointed banks to explore a possible IPO to fund its rapid Asia‑Pacific expansion and data center construction.
- The partnership pairs Nvidia’s DSX stack with Firmus’ liquid‑cooled HyperCube designs to improve energy efficiency and density, but the plan’s success will depend on timely GPU deliveries, customer offtake and broader market demand.