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Paul Smith
AArtificial intelligence

What to know about Firmus before the artificial intelligence data centre developer goes public with IPO

  • October 5, 2026

Artificial intelligence infrastructure start-up Firmus is set to be the second-biggest float in Australian sharemarket history, targeting a market capitalisation of $43.7 billion after tapping investors for at least $7 billion.

Its founders are doing the rounds of potential backers in a closely watched initial public offering roadshow, with shares expected to start trading on October 23.

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