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Home»Explore by countries»Indonesia»Firmus – Firstpost
Indonesia

Firmus – Firstpost

By IslaJune 28, 20262 Mins Read
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AI infrastructure company Firmus is set to build its first data centre in Indonesia through an eight-year partnership with Nvidia. The companies will develop a 360-megawatt Nvidia DGX AI factory campus in Batam, an Indonesian island located just off the coast of Singapore. The facility is expected to begin operations in the first quarter of 2027.

As part of the partnership, Firmus is expected to gain access to up to 170,000 Nvidia AI accelerator chips across 2027 and 2028 through a revenue-sharing and credit support agreement. According to Bloomberg, the company also expects to secure between $25 billion and $30 billion in committed offtake agreements during the first six years of the collaboration.

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Unlike Firmus’s Australian data centres, which primarily cater to hyperscale cloud providers, the Batam project is being developed as a multi-tenant facility designed for AI-native customers. The move reflects the company’s broader strategy of serving a wider range of AI infrastructure clients.

Speaking to Bloomberg, Firmus Co-CEO Tim Rosenfield said recent volatility in AI-related stocks has little impact on the company’s long-term plans. He described the market fluctuations as “largely irrelevant” to how Firmus is building and expanding its business.

Firmus cryptocurrency mining background

Firmus Technologies began its journey by focusing on cryptocurrency mining before redirecting its expertise toward building AI-optimised data centres. In April 2026, the company secured a $505 million funding round led by Coatue, with Nvidia participating as an investor. The funding round pushed Firmus’s valuation to $5.5 billion.

Firmus’s flagship initiative is Project Southgate, an ambitious plan to build multi-gigawatt data centre capacity across Australia by 2028. The initial phase of the project is expected to cost around AU$4.5 billion. Spanning sites in Tasmania and Melbourne, the project will emphasise immersion and liquid cooling technologies to reduce energy consumption compared with traditional air-cooled data centres.

Firmus has made energy efficiency a key part of its strategy by prioritising immersion and liquid cooling instead of relying solely on conventional air-conditioning systems. The company operates in an increasingly competitive market alongside major data centre operators such as CDC and STT GDC, as providers race to meet surging demand for AI infrastructure across Asia.

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