Story
Meta Taps Australia’s Firmus for AI Compute Capacity in Southeast Asia

Summary
Australian AI infrastructure firm Firmus has signed agreements to provide Meta Platforms with graphics processing unit (GPU) capacity in Southeast Asia, expanding the tech giant's resources for AI development ahead of a planned $5 billion IPO for Firmus.
Meta Platforms is expanding its artificial intelligence infrastructure in Southeast Asia through new agreements with Australian AI data center specialist Firmus, according to a company announcement on Tuesday.
The deal provides the Facebook parent with critical computing power needed to fuel the development of its advanced AI models.
Expanded Partnership Details
Under the terms of the agreement, Firmus will provide Meta with contracted graphics processing unit (GPU) compute capacity and options for future expansion at its data centers in Southeast Asia. The infrastructure will be built on Nvidia’s full-stack platform to support Meta’s AI research, model development, and training workloads.
Financial details of the agreements were not disclosed. This move signals a deepening of the relationship between the two companies, building on an existing deployment in Australia.
Strategic Context
AdMeta already utilizes Firmus's capabilities at its Melbourne data center, which features what the company described as the largest deployment of Nvidia's Blackwell-generation systems in the Southern Hemisphere, using GB300 NVL72 configurations.
Firmus, which specializes in designing and operating dedicated "AI factories," is positioning itself as a key infrastructure partner for tech giants with massive-scale AI compute requirements. The deal with Meta underscores the intense global demand for specialized data center capacity to power generative AI.
IPO on the Horizon
The expansion comes as Firmus prepares for a significant public market debut. The company is reportedly planning a $5 billion initial public offering (IPO) to fund its growth and capitalize on the booming demand for AI infrastructure.
If it proceeds as planned, the listing could become Australia’s second-largest IPO on record, highlighting strong investor interest in the picks-and-shovels plays of the AI industry.
Read next
More on Stocks
Nidec Stock Tumbles Amid CEO Resignation, Planned ¥1 Trillion Impairment
Shares of Japanese motor giant Nidec Corp. extended a steep two-day selloff following reports of its CEO's planned resignation and a massive ¥1 trillion writedown linked to its struggling electric vehicle business.

Navigator Global Shares Surge on $75M Invictus Stake Sale to New York Life
The alternative asset manager's stock jumped over 8% after it announced a deal to sell a 60% stake in Invictus Capital Partners, expecting up to $75 million in total proceeds.

China Stocks Edge Higher on Policy Support Pledge; Hong Kong Slips
Mainland Chinese stocks posted modest gains after Beijing pledged further economic support, particularly for the property sector, while Hong Kong shares declined amid thin pre-holiday trading.

Hengrui Pharma Shares Rise on $2.6 Billion Obesity Drug Deal with Novo Nordisk
Jiangsu Hengrui Pharmaceuticals saw its shares climb after securing a licensing agreement with Novo Nordisk for an experimental oral obesity and diabetes drug, with the deal valued at up to $2.6 billion.