Business
Tech Firm Cuts Float Amid Investor Doubt
Firmus Technologies, an AI data center company, scrapped its planned stock market debut after failing to meet investor expectations. The offering was set to be the largest in decades.
Coverage timeline — 2 articles
MarketWatch
OpenAI’s annualized revenue reportedly fell short of expectations — but analysts say that reflects differences in how the figure is reported, not weakness in AI demand.
2026-10-08 22:08 UTC
The Guardian
The offer would have been the biggest debut on the stock market since the telecommunication giant in 1997Firmus Technologies has scrapped what was set to be Australia’s biggest company listing in decades after investor demand for its much-hyped AI data centre business failed to materialise
2026-10-08 22:17 UTC