Australian company Firmus Technologies has announced a strategic partnership with Nvidia to facilitate access to high-performance computing capabilities for artificial intelligence companies, while reducing costs. The agreement specifically targets startups in the sector, which often face limited resources.
As part of this partnership, Firmus will be able to acquire infrastructure developed by Nvidia and offer its customers cloud services based on the American semiconductor manufacturer's technology. The agreement stipulates that Nvidia will receive revenue from the sale of its equipment as well as a share of the revenue generated by the cloud services.
The project includes the delivery of 170,000 graphics processing units (GPUs) between the first quarter of 2027 and the beginning of 2028. These infrastructures will be deployed in Batam, Indonesia, where they will be used to power services for companies developing artificial intelligence applications.
Firmus estimates that this partnership could generate up to $30 billion in revenue over the first six years, based on existing customer commitments. The company states that this initiative will allow small businesses and startups to access computing power previously reserved primarily for large corporations with significant financial resources.
Firmus co-CEO Tim Rosenfield explained that the goal was to bridge the gap between large, well-funded companies and emerging artificial intelligence players. He believes this partnership presents an opportunity to level the playing field and empower startups to compete with industry leaders.
Already an investor in Firmus after participating in several funding rounds, Nvidia is thus strengthening its ties with the Australian company. Last April, Firmus announced it had raised $1,35 billion in six months, bringing its valuation to $5,5 billion. The company is also reportedly preparing for a potential IPO, although its management declined to comment on this plan.
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