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Australia’s Firmus Technologies strikes AI access deal with Nvidia

  • June 29, 2026
The NVIDIA logo in this illustration taken June 11, 2026. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rights

Australian AI infrastructure company Firmus Technologies said on Monday it had ​signed a strategic partnership with Nvidia Corp (NVDA.O), to help provide emerging ‌AI firms with more cost-effective access to computing power.

  • 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 170,000 Graphics Processing Units (GPU) from the first quarter of 2027 ​to the start of 2028, that will be located in Batam, Indonesia.
  • Firmus ​said it expected to earn up to $30 billion in revenue during the first six years of the deal, based on customer commitments.
  • The Australian-founded company said the deal ​would make it easier for smaller and developing AI firms to ​access the technology’s infrastructure.
  • “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,” Firmus co-chief executive Tim Rosenfield told Reuters. “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.”

Source : https://www.reuters.com/world/asia-pacific/australias-firmus-technologies-strikes-ai-access-deal-with-nvidia-2026-06-28/

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