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‘These guys are just coming from nothing’: questions over multibillion-dollar Firmus float amid datacentre backlash.

Guardian TechnologyAnalysis or commentary·
AI brief

Firmus, a developer of "AI factories," is on track to launch the second-biggest IPO in Australian history, though investors have questioned its forecasts.

Written by AI from Guardian Technology's published text.

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“‘AI factories’ developer on track to launch the second-biggest IPO in Australian history, but investors warn its forecasts are ‘a little bit of a fairytale’ Get our breaking news email , free app or daily news podcast From her balcony in Launceston, Kayla…”
Guardian Technology, 02 Oct 2026, 15:00.

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