- Firmus Technologies is in talks with lenders for a $10 billion financing package to buy Nvidia chips.
- The package comprises $7.5 billion in debt and $2.5 billion in equity.
- Funds will support Firmus' 360-megawatt Nvidia DSX AI Factory campus in Batam, Indonesia, developed with DayOne Data Centers.
- Nvidia is expected to provide revenue-sharing and credit support as part of the deal.
- Firmus plans an initial public offering in late October that could raise up to $5 billion, potentially one of Australia's largest listings.
- Nvidia-backed AI startup Firmus Technologies is negotiating a $10 billion financing package, including $7.5 billion in debt and $2.5 billion in equity, to acquire Nvidia chips for its 360-megawatt AI data center in Batam, Indonesia. Nvidia is expected to offer revenue-sharing and credit support. Firmus also plans a $5 billion IPO in late October.
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