According to The Straits Times, Australian AI infrastructure company Firmus has announced a multi-year agreement with OpenAI to provide computing power from two data centers in Malaysia, making OpenAI Firmus’s anchor client. Following the agreement, Firmus’s contracted capacity with global clients has exceeded 900 megawatts. Firmus, backed by institutions including Nvidia, Jane Street, Blackstone, and Coatue Management, has a latest valuation of over $10.5 billion. It currently operates data centers in Australia and Singapore, with five additional facilities under development across the Asia-Pacific region. The company plans to deploy Nvidia’s next-generation Vera Rubin processors at scale across the Asia-Pacific region.
Firmus Signs Multi-Year Data Center Deal with OpenAI, Supplies Over 900 MW in Malaysia
TechFlowShare
Summary
Firmus has signed a multi-year data center agreement with OpenAI, supplying over 900 MW in Malaysia. Backed by Nvidia and Blackstone, the company now factors global crypto policy considerations into its expansion strategy. OpenAI will serve as an anchor client, with two data centers in Malaysia providing computing power. Firmus plans to deploy Nvidia’s next-generation Vera Rubin processors across the region. Recent inflation data has not affected the deal, which contributes to its $10.5 billion valuation. Five additional data centers are currently under development in the Asia-Pacific region.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.