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2 result(s) for “Firmus”

Business & Economy · Oct 14, 2026

Firmus IPO Fallout Deepens Questions About Australia’s Appetite for Big Tech Listings

The collapse of Firmus Technologies’ planned ASX float has forced the company to seek private funding and overseas listing options, exposing investor unease about high valuation bets on AI infrastructure and creating immediate fallout for local contractors and the market for large listings.

Business & Economy · Oct 10, 2026

Firmus aborts blockbuster ASX float, leaving questions over Australia’s AI infrastructure boom

Nvidia backed data centre operator Firmus has withdrawn its planned ASX initial public offering after weak investor demand, forcing the company to seek private funding and leaving Australian regional projects and contractors to reassess prospects.