Australian "neocloud" pure-plays Firmus and Sharon AI ($SHAZ) have entered strategic compute collaborations with Nvidia to build AI factories, with Sharon AI deploying up to 40,000 Nvidia Grace Blackwell GB300 GPUs. Firmus is targeting an IPO by the end of 2024 with Nvidia committed to preference shares, while Sharon AI is planning an ASX dual-listing in the coming weeks to raise US$300-400M. Data center capacity in Australia is forecasted to reach 3.9GW by 2030, supported by recent capital raises from Sharon AI totaling US$1.6B.