Australia's biggest float since 1997 is an AI data centre firm.
Firmus Technologies, an Australian AI data centre operator, opens a share sale worth 7 billion Australian dollars on 6 October. Only Telstra's 1997 privatisation has raised more money on the Australian market. The Nvidia-backed firm runs two data centres, is building five more, and lists on 22 October.
Why it mattersAustralian savers are being offered a direct stake in the AI building boom. Data centre money is moving out of private funds and into everyday pensions.
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