Nvidia-backed Firmus in talks for $10B to buy chips for Indonesian data center

Australian AI startup Firmus Technologies is in talks with lenders for roughly $10 billion in financing to buy Nvidia chips for its Indonesian data center. The deal could rank among Asia's largest AI infrastructure transactions and precedes the company's Australian IPO.

• Firmus Technologies is negotiating about $10 billion in debt financing
• Proceeds would fund Nvidia chip purchases for an Indonesian data center
• The deal could be one of Asia's largest AI infrastructure transactions
• The company is preparing for an IPO in Australia