Australian AI company Firmus tipped for huge $15bn valuation in a potential October IPO. 📈
The company is reportedly preparing for a possible ASX listing as early as September or October, with ambitions to raise around $4 billion.
Firmus builds AI computing infrastructure, providing large scale GPU capacity and cloud services for AI workloads.
The company was recently valued at about $15.5 billion following a major equity raise backed by global investors including NVIDIA and Blackstone.
Firmus is expanding its Australian AI infrastructure network, with further growth planned across Australia and Asia Pacific.
If completed, the listing would be one of the most significant Australian technology IPOs in recent years.
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