Australian AI infrastructure firm Firmus Technologies has signed a long-term partnership with Nvidia to build its first data center in Batam, Indonesia, according to Bloomberg and Reuters.

The project is a 360-megawatt "Nvidia DSX" AI factory campus, which Bloomberg reports is being developed with DayOne. As part of the deal, Firmus gains access to 170,000 Nvidia chips through 2028, according to The Next Web and Tech Wire Asia.

Reuters, via MSN, describes the structure of the arrangement: Firmus would buy Nvidia infrastructure and then sell Nvidia-powered cloud services to customers, including what it calls "AI Native" clients. Firmus says it expects roughly $30 billion in offtake deals tied to the partnership, a figure several outlets, including mezha.net, frame as a revenue target.

The deal carries financial weight for Firmus itself. The Australian reports the company has pulled back on the timing of a planned ASX stock-market listing after signing the roughly $US30 billion ($43 billion) agreement, with its valuation expected to climb. The Australian Financial Review refers to a roughly $20 billion Indonesia play.

Several sources add context on Firmus's background. Firstpost reports the company is focused on energy-efficient data centers, backed by billions in funding and pursuing an ambitious global expansion. Crypto Briefing notes Firmus is building on roots in Bitcoin mining, a business that, like AI, depends on large-scale, power-hungry computing.

Why it matters: the deal shows how the global race to build AI computing capacity is spreading beyond the United States into Southeast Asia, with Nvidia's chips—and the companies that resell access to them—at the center of where that power, and money, will flow.