At A$11 a share the deal implied an equity value of $30.6bn, against $10.5bn in a funding round completed at the start of August.
Company
Firmus
Firmus is an organisation working in artificial intelligence and based in Australia. This page collects every Aivio News story about Firmus, together with its models and recorded benchmark results.
- Headquarters
- Australia
- Official website
- firmus.co
More from Firmus
Demand ran far above the offer size and the bookbuild was pulled forward a day. The proceeds buy GPUs for a campus in Batam, Indonesia.
Nvidia-backed Firmus seeks up to $5bn in an Australian listing, Bloomberg reports
At that size it would be one of the largest floats the Australian exchange has handled. Firmus declined to comment, and the size and timing could still change.