Nvidia-Backed Firmus Signs Multi-Year Data Center Deal With OpenAI

Nvidia-backed data-center operator Firmus has signed a multi-year agreement with OpenAI. [1][3] The Australian company will provide OpenAI with computing capacity from two planned data centers located in Malaysia. [2][3] This agreement makes the ChatGPT maker an anchor customer as regional demand for advanced artificial intelligence infrastructure surges. [1][3]

The artificial intelligence infrastructure firm was valued at over $10.5 billion during its most recent fundraising round. [1] This transaction occurs ahead of a rumoured initial public offering for Firmus this year, which could become one of the largest in Australia in recent years. [1]

OpenAI securing capacity in Southeast Asia underscores the escalating global race for data center footprint to support advanced artificial intelligence models. By partnering with a Nvidia-backed operator valued above $10.5 billion, OpenAI positions itself as an anchor tenant in an emerging AI infrastructure hub, capitalizing on regional demand. This pre-IPO milestone also establishes a concrete revenue anchor for Firmus, bolstering its market position ahead of its anticipated Australian public listing. What the sources don't address: How much computing capacity Firmus is contracted to provide to OpenAI under the agreement.