NVIDIA (NVDA) is Partnering with Australian startup Firmus Technologies Ltd., Reports Bloomberg

Group 1 - NVIDIA Corporation is partnering with Australian startup Firmus Technologies Ltd. to create renewable energy-powered AI data centers in Australia, with a total investment of A$4.5 billion ($2.9 billion) for Project Southgate [1][2] - The construction of two data centers in Melbourne and Tasmania is currently in progress, utilizing 150 megawatts of power [1] - The facilities will utilize NVIDIA's GB300 chips and are expected to be operational by April [2] Group 2 - In September 2025, OpenAI and NVIDIA announced a strategic partnership, with NVIDIA planning to invest up to $100 billion progressively as each gigawatt is deployed [2] - Polen Capital initiated positions in NVIDIA and Broadcom in early August 2025 after not holding either for 2.5 years, citing concerns over the cyclical nature of their business models [3] - The investment management company expressed that the difficulty in forecasting future earnings growth was a significant factor in their previous hesitance to invest in NVIDIA [3]