Nvidia partners with Firmus Technologies to bring cost-effective AI computing to startups. The deal includes deploying 170,000 GPUs in Indonesia by 2028.
The Australian company Firmus said the deal would see it buy Nvidia infrastructure and sell Nvidia‑powered cloud services to “AI Native” customers, among others, in an agreement that would earn the U.S.-listed chip giant product revenue and a share of cloud revenue.
The deal will deliver thousands of Graphics Processing Units (GPU) from the first quarter of 2027 to the start of 2028, that will be located in Batam, Indonesia.
Moreover, Firmus said it expected to earn up to $30 billion in revenue during the first six years of the deal, based on customer commitments.
As reported by Reuters, the company claimed it would make it easier for smaller and developing AI firms to access the technology’s infrastructure.
Firmus co-chief executive Tim Rosenfield said,”We have worked to figure out how to close the gap between the cost benefits that the large guys have access to, which they do because they have great credit ratings, and the guys that are up and comers.”
“This is actually a really material way to level the playing field a little bit to give the next a chance to compete with the big guys.” the firm added.
According to Firmus, Nvidia has participated in Firmus’ previous capital raisings making it an investor in the Australian firm.
Firmus said in April it had raised $1.35 billion over the previous six months, giving it a $5.5 billion post-money valuation.
It has also appointed investment banks to work on a potential initial public offering (IPO).
