en.Wedoany.com Reported - Australian AI infrastructure company Firmus Technologies (valued at $5.5 billion) plans to build its first data center on Batam Island, Indonesia. The campus, part of NVIDIA's DSX AI Factory project, will have a capacity of 360 megawatts and is being developed in collaboration with Singapore-based DayOne. It is expected to begin operations in the first quarter of 2027. Through an eight-year revenue-sharing and credit support agreement, Firmus will secure up to 170,000 NVIDIA AI accelerator chips between 2027 and 2028. The offtake agreement over the first six years of the partnership is estimated to be between $25 billion and $30 billion.

Unlike Firmus's Australian projects focused on hyperscale clients, the Batam campus will target AI-native customers using a multi-tenant model. Co-CEO Tim Rosenfield stated that market volatility surrounding AI stocks is "essentially unrelated to how the company's business is structured," as the company advances projects based on customer demand and signed contracts. Firmus initially engaged in Bitcoin mining in Tasmania in 2019. In April, it raised $505 million in a funding round led by Coatue Management with participation from NVIDIA, achieving a valuation of $5.5 billion. The company has a portfolio of data center projects in Australia and Singapore, including an agreement with CDC Data Centers to develop up to 1.6 gigawatts of data center capacity across Australia by 2028. Data center investment in the Asia-Pacific region is accelerating, with Blackstone-backed AirTrunk committing $30 billion in India alone. Rosenfield declined to comment on IPO plans, despite widespread expectations of a listing this year. The deal expands the footprint of NVIDIA's DSX program, which deploys GPU infrastructure for data center operators on a revenue-sharing basis without requiring upfront equipment purchases. For Indonesia, the Batam campus will leverage its proximity to Singapore's financial and tech ecosystem, positioning itself as a regional AI computing hub. Demand for AI computing across the region is so strong that Google has had to rent GPUs from SpaceX.

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