Australia’s Firmus said Tuesday it signed a multi-year deal with OpenAI to supply computing capacity from two Malaysian data centers, making the ChatGPT maker an anchor customer as demand for infrastructure to run advanced AI models keeps climbing, Reuters reported.
The agreement lifts Firmus’ contracted capacity across customers to more than 900 megawatts. Firmus declined to disclose the contract value, and OpenAI did not immediately respond to Reuters’ request for comment. The deal lands ahead of a rumoured Firmus IPO this year that could rank among Australia’s largest recent listings.
Firmus was valued above $10.5 billion in its last fundraising, with backers including Nvidia, Jane Street, Blackstone funds, and Coatue Management, per Reuters. Its portfolio already includes two operational AI data centers in Australia and Singapore, with five more under development across Asia-Pacific. The company said it will deploy Nvidia’s next-generation Vera Rubin processors at scale in the region, with Malaysia extending that footprint.
The story sits in the wider race among U.S. and Chinese AI groups to lock up power and data-center capacity for models like OpenAI’s newly unveiled Astra. Malaysia has become Southeast Asia’s fastest-growing data-center market, Reuters noted, even as the buildout draws scrutiny over electricity and water use.