CompaniesStreet TalkPrint articleSarah Thompson,Kanika SoodandEmma RapaportUpdatedJun 23, 2025 – 2.58pm,first published at10.56amSaveLog inorSubscribeto save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?LoginLike artificial intelligence and infrastructure? Welcome to the latest ASX-aspirant, Firmus Technologies, which is close to ruling off a $US180 million ($280 million) raising ahead of a sharemarket float next year.Firmus, bootstrapped with funding from sovereign wealth fund Temasek and KKR-backed ST Telemedia Global Data Centres, is expected to use the proceeds to commence construction of a 100MW“AI factory”in Tasmania.Loading...Sarah Thompsonhas co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.EmailSarahatsarah.thompson@afr.comKanika Soodis a journalist based in Sydney who writes for the Street Talk column.EmailKanikaatkanika.sood@afr.com.auEmma Rapaportis a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.Connect withEmmaonTwitter.EmailEmmaatemma.rapaport@afr.comSaveLog inorSubscribeto save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?LoginLicense articleFollow the topics, people and companies that matter to you.Find out moreRead MoreStreet TalkCapital raisingAIIPOSee all Street TalkIt’s the coolest chalet in Switzerland – though not for everyoneMatthew DrummondHotel dining used to be bland. Now it’s reinventing room service2 top Melbourne creatives join forces for a new restaurantThe CEO of this $7b company is doubling his workforce – by using AIPatrick DurkinThis executive tripled his salary in 5 years. Here is how he did itHow a banker, coal owner and pokies baron passed the ESG pub testThis Sydney financier dreams of hitting the road with David BeckhamLife & LeisureThis Aston Martin can be tailored to your taste – but it will cost youThis re-released best-selling handbag is now yours for $9450Toorak Rich Listers caught up in mansion fireHannah Wootton‘How very Sydney’: Justin Hemmes forced to unleash charm offensiveBillionaire Geminder mulls asset sales at struggling Pro-Pac business