TL;DR
Firmus and DayOne will build a 360 MW Nvidia DSX AI factory in Batam, Indonesia, with 170,000 chips and expected production of up to $30 billion over six years.
Firmus Technologies, a $5.5 billion Australian AI infrastructure company, will build its first data center in Indonesia through an eight-year partnership with Nvidia. The 360-megawatt Nvidia DSX AI Factory campus in Batam, an island off the coast of Singapore, is being developed with Singapore-based DayOne and is scheduled to come online in the first quarter of 2027.
Firmus will access up to 170,000 Nvidia AI accelerator chips through 2027 and 2028 through a revenue sharing agreement and credit support. The company expects between $25 billion and $30 billion in committed purchase deals over the first six years of the partnership, according to Bloomberg.
The Batam project will be a multi-tenant facility for native AI customers, unlike Firmus’ Australian projects, which focus on hyperscaler customers. Co-CEO Tim Rosenfield told Bloomberg that the market volatility around AI stocks is “largely irrelevant“To how the company is building its business.”We are building our business based on the demand we see from customers and the contracts we are closing.” said.
Firmus started as a Bitcoin mining operation in Tasmania in 2019. It raised $505 million in April at a $5.5 billion valuation in a round led by Coatue Management and backed by Nvidia. The company has a pipeline of data center projects in Australia and Singapore, including an agreement with CDC Data Centers to develop up to 1.6 gigawatts across Australia by 2028. Asia-Pacific data center investment has accelerated dramaticallyand Blackstone-backed AirTrunk committed $30 billion to India alone.
Rosenfield declined to comment on the IPO plans, although the company is expected to go public this year. The deal adds to Nvidia’s growing DSX program, which partners with data center operators to deploy GPU infrastructure on a revenue-sharing basis rather than requiring an upfront purchase. For Indonesia, the campus positions Batam as a regional AI computing hub, leveraging its proximity to Singapore’s financial and technology ecosystem. Demand for AI computing across the region is very intense that even Google has resorted to renting GPUs from SpaceX.
