**Nvidia Joins $2.9 Billion Data Center Initiative in Australia**
*October 16, 2025 – 2:13 AM ET*
NVIDIA Corporation has announced a strategic partnership with Australian startup Firmus Technologies to develop a large-scale network of renewable energy-powered artificial intelligence data centers across Australia.
Construction has already begun on two data centers located in Melbourne and Tasmania, as part of the ambitious Project Southgate. This initiative represents a significant investment with a budget of A$4.5 billion, aiming to advance sustainable AI infrastructure in the region.
The collaboration highlights NVIDIA’s commitment to expanding its AI and data center footprint while supporting renewable energy solutions, bolstering Australia’s position in the global technology landscape.
**Related Stocks:**
– **NVDA – NVIDIA Corporation**
Stay tuned for more updates on this developing story and the impact of Project Southgate on the AI and data center sectors.
https://seekingalpha.com/news/4504626-nvidia-joins-29-billion-data-center-initiative-in-australia?utm_source=feed_news_all&utm_medium=referral&feed_item_type=news