Firmus's $44B-Valued ASX IPO at Risk Amid Doubts

Australian AI data center firm Firmus Technologies, valued at nearly $44 billion, may shelve its planned October 23 ASX listing—set to be Australia's largest IPO since Telstra in 1997—as its valuation faces mounting doubts.

2026-10-08 ~ 2026-10-08 · 2 related posts

• Firmus AI datacenter startup slashes $44B valuation as ASX IPO wobbles — nordicinst · 2026-10-08
• Firmus, valued near $44bn, may shelve ASX IPO as investors balk — nordicinst · 2026-10-08