Firmus and Nvidia to Deploy 170,000 GPUs in Indonesia Campus
TL;DR
- Firmus and Nvidia have agreed to deliver 170,000 GPUs to a new campus in Batam, Indonesia, from Q1 2027 through early 2028.
- Nvidia's deal includes a share of cloud revenue from the facility, not just hardware sales, deepening its financial stake in the project.
- Firmus projects up to $30 billion in revenue over six years and has reportedly begun IPO preparations at a $5.5 billion post-money valuation.
Australian AI infrastructure firm Firmus Technologies has struck an eight-year supply partnership with Nvidia to build a data center campus in Batam, Indonesia, an island just off Singapore's coast, according to Bloomberg. The deal covers delivery of 170,000 GPUs, reportedly a mix of Grace Blackwell and Vera Rubin chips, with delivery running from the first quarter of 2027 through early 2028.
The deal's structure extends well beyond a hardware purchase. Nvidia will receive both product revenue and a share of cloud revenue from the facility, and is already an investor in Firmus from previous capital rounds, giving it a continuing financial stake in the campus's ongoing performance rather than a one-time sale. Firmus projects up to $30 billion in revenue over the deal's first six years, characterizing these as committed offtake agreements. That figure is the company's own projection; named customers and signed contracts have not been publicly disclosed, so take the specifics as reported, not settled.
The Batam location puts the campus within close reach of Singapore, one of Asia's most active financial and technology hubs. Firmus raised $1.35 billion over six months through April 2026 at a $5.5 billion post-money valuation, and has reportedly engaged investment banks ahead of a potential IPO. A facility of this scale, built and operating on schedule, would substantially anchor that growth story.
What the reporting does not give you is any detail on who the offtake customers are, how much of the $30 billion is already contracted rather than projected, or what Indonesian regulatory and infrastructure approvals look like for a project of this magnitude. Co-chief executive Tim Rosenfield said the deal aims to "level the playing field" for emerging AI firms against larger competitors, a claim that will only be testable once the campus is operational and competing for regional customers.
Originally reported by bloomberg.com
Read the original article →Original headline: Firmus and Nvidia Announce 360 MW DSX AI Factory Campus in Batam, Indonesia — 170,000 GPUs, Eight-Year Nvidia Partnership, Up to $30B in Committed Offtake