Company
Sydney-based builder of AI data centres, with sites in Tasmania, Malaysia and Indonesia; Nvidia is an investor and customer.
A central bank analysis found 55.2% of AI-firm investment came from other AI firms, a commentary on channelnewsasia.com reports. Nvidia's $30 billion OpenAI stake and up to $105 billion guarantee add to as much as $135 billion tied to its own chip demand.
Reality
Firmus Technologies is seeking $7bn in an ASX float this month after its $2.1bn Launceston datacentre won fast-tracked approval without a public hearing. Most of the capacity behind its valuation is still to be built, at sites where residents are now pushing back.
Reality
The Sydney builder of AI data centres opens a A$7 billion share sale on October 6 at a target value near A$50 billion, with 40 percent of its contracted megawatts sitting in one Indonesian contract signed with Nvidia.
Reality
Pax Silica has signed two of ASEAN's eleven members, both of them US security allies well before December 2025, so the only thing that would move the region's arithmetic is a letter Washington has drafted and not yet sent.
Reality
Nvidia's credit-support program for AI cloud providers was under two months old when it stepped back from some deals, and its own employees had been telling customers the terms invited antitrust scrutiny. This week's filing put $36 billion behind it.
Reality