Macro Finance
Firmus IPO Flop Raises Data Center Funding Questions
Bloomberg Markets·October 13, 2026·1 min read
Australian data center operator Firmus is considering private funding and a potential US listing after its Sydney IPO collapsed. The setback raises questions about investor appetite for AI infrastructure assets and their valuations. Tamim Asset Management's Ron Shamgar said Firmus got too greedy, citing the failed IPO as a cautionary tale.
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