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The Firmus 'flop' warning for the AI bubble

The Firmus 'flop' warning for the AI bubblehace 3 días15 min

It was meant to be the biggest ASX listing since the privatisation of Telstra, but last week the initial public offering for Firmus was dramatically pulled before a single share was traded.

The co-founder of the AI startup, Oliver Curtis has since lashed out - blaming Australians for failing to support people prepared to take a risk.

Today, columnist at the Australian Financial Review Mark Di Stefano on whether he could be right or if it's an early sign of a bursting AI bubble.

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Mark Di Stefano, Australian Financial Review columnist