Data centre firm Firmus's hyped Australian stock market listing implodes
stubish · hn · 2026-10-10
Per The Guardian, Firmus, a data centre company, saw its much-hyped listing on the Australian stock market implode. The deal had drawn heavy investor excitement around its compute infrastructure business but ultimately fell apart, adding to a string of busted capital-market plays riding the AI data centre boom.
More from Infra
- $500 ex-mining BC-250 cluster runs Qwen 35B at 145 tok/s with 256k context — Ok-Breadfruit-3523 · 2026-10-11
- SpaceX reportedly starting Terafab in December: a 100M sq ft chip megafactory — bennash · 2026-10-11
- OpenAI's Jalapeño chip trades kernel difficulty for memory bandwidth, betting on AI-written kernels — nrehiew_ · 2026-10-11
- Google Web AI lead Jason Mayes grew client-side JavaScript AI usage 2500x in 5 years — jason_mayes · 2026-10-11
- Dev in prod: running a newsletter side project on a cheap persistent VM — davidcrawshaw · 2026-10-11
- Zeeg: persistent VMs for agents are wrong, ephemeral sandboxes are the present — zeeg · 2026-10-11