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SAT, 3 OCT · 95 ITEMS
Startup Daily, Guardian Australia, Bloomberg + 1 more · Australia
4 outletsFraming varies: The Guardian highlights backlash and questions about the company's background, while AFR notes that some ETF giants are skeptical; Bloomberg focuses on the valuation target. Coverage is mixed, with business outlets reporting the price and scale, but some left-leaning and skeptical outlets questioning the valuation and company.
Firmus, an Australian AI data centre company, has set the price for its initial public offering (IPO) on the Australian Securities Exchange (ASX) at $11 per share, aiming to raise $7.1 billion. This would be one of the largest IPOs in Australian history, reflecting strong investor demand for AI infrastructure plays.
The claim is well-supported by multiple news outlets including the Australian Financial Review, Guardian Australia, and Bloomberg, all reporting the same price and raise amount. However, the reporting is secondary and no official company filing is directly cited, so the exact terms may still be subject to final confirmation.
The reports were published on October 1-2, 2026, making this a genuinely new development.