Rampart Talks

← Rampart Talks20 mars · 12 min

From Prison to an ASX IPO: Oliver Curtis and the Bet on Australia's AI Future

From Prison to an ASX IPO: Oliver Curtis and the Bet on Australia's AI Future20 mars12 min

<p><em>This is just an excerpt. The full interview with Oliver Curtis is available exclusively for Rampart subscribers - go to rampart.news to watch now.</em></p><p><em>What happens when a man with everything to prove builds a company that Nvidia, Meta and Blackstone can&#39;t ignore?</em></p><p>Oliver Curtis – a convicted insider trader and now aspiring ASX-listed company CEO – sits down with Joe Aston for one of the most candid conversations in Australian business. This is a story about second chances, big bets, and a technology race that could reshape Australia&#39;s economy for generations.</p><p>​​Curtis makes the case that AI token production is Australia&#39;s next commodity boom, arguing it could be as big as the country&#39;s iron ore industry. He claims that Firmus&#39; cost of production, plus its distinctive chip cooling technology, is well positioned to lead it. </p><p>But how does a neocloud operator that started life as a Bitcoin miner end up as a strategic partner to Nvidia, the world&#39;s most valuable company?</p><p>We get into all of it: why hyperscalers like Meta are a customer (well, not that Curtis will confirm that just yet) and how Firmus plans to deploy more than $70 billion (yes, you read that right) of capital expenditure in the three years to 2028. </p><p>Curtis doesn&#39;t dodge the hard questions – it&#39;s his first interview since he left Cooma Correctional Centre in 2017 after spending a year in jail for insider trading. When asked by Aston about his co-conspirator turned Crown witness John Hartman (now CEO at Andrew Forrest&#39;s Tattarang) Curtis is loath to engage, arguing that it&#39;s in the past and he&#39;s focused on the future. </p><p>Curtis also reflects that while people may have made judgements about him based on glimpses on his famous wife Roxy Jacenko&#39;s social media account, they&#39;re often wide of the mark. Undoubtedly, Curtis is a man on the hard sell, but this interview dispels any notion that he lacks substance.</p><p>You don&#39;t want to miss it.</p><p><em>Rampart Talks is brought to you by BHP, Generation Life and</em><a href="https://www.raywhitecommercial.com/"><em> ⁠Ray White Commercial⁠</em></a><em>.</em></p><p><strong>About Joe Aston:</strong></p><p><em>Joe Aston is one of Australia&#39;s most influential commentators on business, finance and politics.</em></p><p><em>For 12 years, he struck fear into the hearts of the nation&#39;s political and corporate leaders, transforming The Australian