Monologue: Australia's Dodgiest AI IPO Is A Pale Horse

Speaker 1: Hello and welcome to this week's Better Offline monologue, I'm Speaker 1: your host Ed Zitron. Thousands of miles away in the Speaker 1: strange world of Australia, a pale horse has emerged in Speaker 1: the form of Firmus, an NVIDIA-backed AI data center company Speaker 1: with a whole $ 50 million in revenue that is, or Speaker 1: perhaps was, trying to raise about $ 5.

It goes beyond the title with direct discussion of speaker, firmus, data, including: Thousands of miles away in the Speaker 1: strange world of Australia, a pale horse has emerged in Speaker 1: the form of Firmus, an NVIDIA-backed AI data center company Speaker 1:.

1. 01At first, Firmus seemed like Speaker 1: it would be another Australian core weave, another vehicle to Speaker 1: raise debt to buy NVIDIA GPUs, backed by a $ 10 Speaker 1: billion
2. 02Speaker 1: with plans to build the country's largest data center by Speaker 1: April of this year
3. 03Anyway, Speaker 1: Firmus has every backup that you'd expect from a dodgy Speaker 1: data center company, funding from NVIDIA, Jane Street, and Blackstone, Speaker 1: all of whom a