StartupsThe Next Webabout 2 hours ago
Firmus Seeks $5bn in Australian IPO
1 min read
Data centre firm Firmus is seeking up to $5bn in an Australian Securities Exchange listing, which would be one of the exchange's largest floats. The company's valuation has doubled to $10.5bn since April, driven by a multi-year compute contract with OpenAI and a 360MW site commitment in Indonesia. Investor meetings have begun, with no pricing or listing date announced.
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