Nvidia-Backed Firmus Seeks $10 Billion Financing for Indonesian Data Center Ahead of $5 Billion IPO Australian AI startup Firmus Technologies Pty is currently in talks with lenders to secure a massive $10 billion financing package to purchase Nvidia Corp. chips. The capital will primarily fund hardware for its 360-megawatt Nvidia DSX AI Factory campus in Batam, Indonesia, being developed in partnership with DayOne Data Centers Ltd. The proposed transaction involves raising about $7.5 billion in debt and $2.5 billion in equity, complete with revenue-sharing and credit support from Nvidia to mitigate risk. This capital raise paves the way for Firmus's planned initial public offering in late October, which is projected to raise up to $5 billion and rank among Australia's largest listings.