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00:02Australian AI infrastructure company Firmus Technologies said it signed a strategic partnership
00:08with NVIDIA to provide emerging AI firms with more cost-effective access to computing power,
00:13according to Reuters. Firmus said it will buy NVIDIA infrastructure and sell NVIDIA-powered
00:18cloud services to AI-native customers and others. The deal will generate product revenue for NVIDIA
00:24and give the chipmaker a share of cloud revenue. Firmus said the agreement will deliver 170,000
00:31graphics processing units from the first quarter of 2027 to the start of 2028. The GPUs will be
00:39located in Batam, Indonesia. Firmus said it expects to earn up to $30 billion in revenue during the
00:45first six years of the deal based on customer commitments. For all things money, visit Benzinga.com.
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