Nvidia-Backed Firmus, DayOne to Build Indonesia AI Data Center Campus

By Kimberley Kao


Nvidia-backed data center operator Firmus will build an AI data centre campus in Indonesia that the company says will bring in up to $30 billion worth of agreements within the first six years.

Australian firm Firmus signed an eight-year partnership with Nvidia to build a dedicated 360 megawatt Nvidia DSX AI Factory campus in Batam, an Indonesia island off the coast of Singapore, it said in a statement.

The major data center project will be developed in partnership with Singapore-based DayOne, Firmus said.

Firmus projects it will receive $25 billion to $30 billion from committed agreements from customers during the first six years of the partnership.

The agreement includes procuring up to 170,000 Nvidia AI graphic processing units through 2027 and 2028, "positioning the Batam campus among the largest AI infrastructure developments in Asia-Pacific," it said.

Firmus will also sell Nvidia-powered cloud services, with the U.S. chip giant earning both standard product revenue and a share of the cloud revenue on the supported capacity, it said.

The company said the deal ​would help AI-native firms ​access the Nvidia infrastructure.

The data center sector has been booming in Southeast Asia as companies pour in billions looking for land and power to support rapid developments in AI.

Companies have been aggressively pursuing investments in the region to capitalize on rising demand for digital infrastructure.

Firmus said in April it raised $505 million in strategic equity investment led by Coatue with participation from Nvidia.

In early June, DayOne said it raised $4.5 billion in gross proceeds in a Series C equity financing, which it will use to accelerate its expansion in markets in Asia and Europe.


Write to Kimberley Kao at kimberley.kao@wsj.com


(END) Dow Jones Newswires

June 28, 2026 23:42 ET (03:42 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.

Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.

Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.

Popular

Sponsor Center