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ABC Business Daily

ABC Business Daily

Did Firmus fly too close to the sun?

Oct 12, 2026 · 21m

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It was the 44 billion dollar float that flopped. AI startup Firmus has dramatically pulled the plug on what was supposed to be the second biggest listing in ASX history. So what went wrong? Who is left "holding the bag"? And what does the decision tell us about investor appetite for all things AI? Carrington Clarke and James Thomson, senior Chanticleer columnist at the Australian Financial Review, break it all down on ABC Business Daily. Got a burning business question? We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at…