# Firmus valuation may plunge ahead of expected ASX debut

https://mins.news/en/item/90606

- The Guardian, 2026-10-08 00:57 UTC
- Economy
- Original: https://www.theguardian.com/australia-news/2026/oct/08/ai-datacentre-firmus-slash-valuation-before-asx-listing

> 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.

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