Nvidia in Talks to Invest Hundreds of Millions in Firmus After Australian AI Cloud Pulled Its IPO

The Information reports Nvidia is in talks to put 'hundreds of millions' into Australian GPU cloud operator Firmus, which abruptly pulled its ~$5B IPO on Oct. 8 citing market volatility and is now pursuing $2-3B privately. Firmus plans to deploy up to 170,000 Nvidia GPUs across a 360MW Batam, Indonesia campus; backing a key customer continues the pattern of Nvidia equity-funding its own buyers to keep the AI buildout moving.