Did the AI bubble just burst in Australia?

October 13, 2026

Last week, Australian data centre operator Firmus announced it would no longer list on Australia’s stock exchange. It came after months and months of hype around the AI company, which would have had the second biggest listing in Austarlia’s history. In today’s podcast, we’re going to cut through all the jargon and explain what the company actually is, why everyone was talking about it and what actually happened last week.

Host: Zara Seidler and Sam Koslowski
Producer: Orla Maher
Video editor: Rosa Bowden

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Did the AI bubble just burst in Australia?