Nvidia-backed Firmus to build 360MW AI data center in Indonesia

Firmus Technologies and Nvidia announced an eight-year deal to build a 360MW AI data center campus on Batam Island, Indonesia, set to go live in Q1 2027.thenextweb+1
The deal gives Nvidia a share of cloud revenue from the facility, not just hardware sales, deepening its financial stake in the $5.5 billion Australian startup.aiweekly
Firmus, which has raised $1.35 billion in six months, is co-developing the campus with Singapore-based DayOne and has reportedly begun IPO preparations.techcrunch+1

Australian AI infrastructure firm Firmus Technologies has partnered with Nvidia to build a 360-megawatt data center campus on Batam Island, Indonesia, in what would be one of the largest AI computing facilities in Southeast Asia.

The Deal

The project, developed alongside Singapore-based DayOne, will be an Nvidia DSX AI Factory campus set to go live in the first quarter of 2027, according to Bloomberg. Under an eight-year partnership, Firmus will gain access to up to 170,000 Nvidia AI accelerator chips — reportedly a mix of Grace Blackwell and Vera Rubin processors — with deliveries running through early 2028.thenextweb+1

The deal's structure goes beyond a standard hardware purchase. Nvidia will receive both product revenue and a share of cloud revenue from the facility, giving the chipmaker a continuing financial stake in the campus's performance. Nvidia is already an investor in Firmus from previous funding rounds.aiweekly+1

Firmus projects between $25 billion and $30 billion in committed offtake agreements during the first six years of the partnership.thenextweb+1

Firmus's Rapid Growth

Firmus, which is privately held and valued at $5.5 billion following a $505 million funding round led by Coatue Management in April, has raised $1.35 billion in six months. The company has reportedly begun preparations for an initial public offering.techcrunch+2

The Batam campus marks Firmus's first data center outside Australia, where it is already developing Project Southgate — a multi-site network of AI facilities powered by renewable energy. That Australian initiative, backed by Nvidia, involves A$4.5 billion in investment and 150 megawatts of power capacity using Nvidia's GB300 chips.bloomberg

Strategic Location

Batam Island sits just off the coast of Singapore, positioning the facility to serve demand across Southeast Asia. DayOne, the Singapore-headquartered co-developer, currently operates approximately 500 megawatts of data center capacity in service and under construction across the Asia-Pacific region. The partnership reflects intensifying competition to build AI computing infrastructure in the region, where governments and enterprises are racing to secure sovereign AI capacity.datacenterdynamics+1

Sources (27)