EconomyFirmus valuation may plunge ahead of expected ASX debut

Firmus Technologies is reportedly cutting its valuation to attract investors and could shelve its IPO. The AI datacentre company was valued at nearly $44bn days ago, but tepid investor support has put its planned 23 October ASX listing in doubt.

Firmus TechnologiesAI datacentresIPOAustralian markets

TThe Guardian★★★☆☆2026-10-08 00:57Original