Firmus ASX IPO, the $15.5 billion AI infrastructure bet facing investors

Firmus is moving closer to what could become one of the ASX’s largest technology listings.

The Nvidia backed AI infrastructure group is reportedly targeting a valuation of about A$15.5 billion, potentially putting it among Australia’s largest technology floats and giving public market investors a rare local route into the global artificial intelligence infrastructure buildout.

The opportunity is significant. So is the valuation.

Firmus has quickly become one of Australia’s most ambitious AI infrastructure companies, backed by some of the biggest names in global technology and investment as it develops data centre capacity across Australia and. . .

Gain full access to all our premium investment intelligence

Plans from $9.99 per week, cancel anytime.

Subscribe or upgrade to Full News Access to view this content

Share This Article