
Data Center: Firmus seeks $5 billion in Australian IPO
Imagine wanting to build an entire city of server-filled boxes. Firmus, an Australian data center company, is reportedly looking for $5 billion to do just that.
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Tuesday, September 15, 2026
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Imagine wanting to build an entire city of server-filled boxes. Firmus, an Australian data center company, is reportedly looking for $5 billion to do just that.

While everyone talks about a downturn, some are still writing billion-dollar checks. Australia just set a record with a massive new fund for tech startups.

While many fear a bubble, some see only opportunity. An Australian pension fund is betting big on AI, ready to invest when tech stocks dip.
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An Australian AI startup and chip giant Nvidia are about to build a massive data center together in Indonesia. Their first partnership project could generate up to $30 billion in commercial agreements over the next six years.

Australia is getting serious about enforcing its under-16 social media ban. Bigger fines and stronger enforcement powers are coming, and Big Tech won't like it.
While everyone's debating where the AI boom will land, one company just picked a spot and started digging. AirTrunk, an Australian data center operator, just committed a staggering $30 billion to turn India into a global AI processing powerhouse.