Interesting news was released publicly yesterday.... Firmus Grid...

Interesting news was released publicly yesterday.... Firmus Grid has just achieved a major milestone in partnering with a global player, ST Telemedia Global Data Centres (STT GDC), to set up a joint venture using Firmus IP.

As far as I take it, they will offer infrastructure-as-a-service (IaaS) for high-performance AI clusters, running on Nvidia A100 & H100 GPUs in systems, which STT GDC describes as "sustainable AI factories".

All of the funding required is being put forward by STT.

Given the global nature of this JV and the credibility of this partner (STT), this hopefully will lead to a significant valuation uplift for Firmus Grid over the coming quarters.

"The SMC is made up of immersion tanks from Firmus, installed in 1MW shipping containers known as "Hypercubes" within STT GDC facilities in Singapore, India, and Australia. The Singapore availability zone (SIN01) will be launched first, before the end of 2023.The Firmus Hypercube containers will hold servers from OEM partners including Supermicro, and offer services with "industry-standard" uptime SLAs, warranted directly to each customer.Firmus - formerly known as Firmus Grid - was founded in 2019, and has been offering immersion-cooled AI systems running OpenStack and Kubernetes-based software from Canonical. STT GDC described the partnership as a "significant investment" into a global venture with the company."

Source: https://www.datacenterdynamics.com/en/news/australias-firmus-launches-immersion-cooled-bare-metal-ai-cloud-with-stt-gdc/