Australian AI cloud firm Firmus is investing in a subsea cable project being developed by SubCo.
The companies this week announced that Firmus would become a cornerstone customer on SubCo's upcoming APX East submarine cable system.
– SubCo
Firmus will invest US$300 million to secure up to 150Tbps of dedicated capacity over 25 years on the cable.
Bevan Slattery, founder and co-CEO of SubCo, said: "The connectivity requirements of AI are fundamentally reshaping demand patterns on international subsea routes. Firmus' decision to anchor capacity on APX East validates what we've been working toward – building the secure hyper-connectivity needed across the Indo-Pacific region for the next generation."
