Firmus
OceaniaNeocloud AI provider Firmus abruptly pulled its public offering the prior week amid investor worries about unproven AI cloud providers and data center buildout risk.
curated · 2026-10-18 · context →
Firmus pulled its planned $5.5bn Sydney IPO after valuation expectations rose from $10bn in August to a $30bn ask in October.
curated · 2026-10-10 · context →
Firmus priced its ASX IPO at $11 per share for a $7.1 billion float, representing a 44x valuation increase in one year. Listing scheduled for October 23, 2026.
curated · 2026-10-02 · context →
Firmus, an AI data factory operator co-founded by Oliver Curtis and Tim Rosenfield, is preparing to list on the ASX on October 22, 2026, with a prospectus formally lodged on October 8. The company operates or is developing seven AI data centres across Australia, Singapore, and Malaysia, projecting US$13.3bn revenue and 90% EBITDA margins. It has strategic contracts with Nvidia (through January 2031), OpenAI (2027-2034), and Meta (through June 2031).
curated · 2026-09-25 · context →
