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The Conversation
Marta Khomyn, Senior Lecturer, Finance and Data Analytics, Adelaide University

After Firmus shelved the biggest ASX listing in 30 years, what does it say to investors about AI hype?

Firmus IPO

It was pitched to investors as “the biggest initial public offering (IPO) in a generation”.

Firmus Technologies – a developer of artificial intelligence (AI) data centres – planned to raise A$7 billion from investors on the Australian Securities Exchange later this month.

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