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Every article we hold from ABC News Technology.
Markets live blog covering rising oil prices, a higher ASX open, weak LVMH quarterly sales, analysis of Firmus Technologies' failed float, and an analyst's bullish view of Meta's new AI models.
Analysis of the abandoned Firmus Technologies float, investor doubts about its founders and valuation, and what the failed listing signals for the wider AI investment boom and data centre opposition.
Under Dealroom ·leads this story in the feed
Firmus Technologies' planned ASX float, set to be Australia's largest IPO in decades, collapsed over valuation and investor concerns despite Nvidia's backing, and the company now aims to list in the US instead.
Under Startup Daily ·leads this story in the feed
ABC's markets live blog reports investor unease over AI valuations, centring on Australian data centre operator Firmus reportedly delaying its planned IPO and weighing private capital, alongside mixed overnight Wall Street results.
OpenAI's strategy chief, appearing at an Australian parliamentary hearing after a data breach, said he could not account for local scepticism of AI, while Anthropic, Google and Microsoft also gave evidence on regulation and disclosure.
Analysis tracing Oliver Curtis from an insider trading prison term to his central role in Firmus's planned $7.2 billion Australian sharemarket listing, with Blackstone and Nvidia among its existing backers.
Under This Week in Australian Startups ·leads this story in the feed
Firmus Technologies is courting investors ahead of a possible IPO on the ASX, with reports suggesting up to $7 billion, but no prospectus is lodged and the company declined to confirm any figures.
An ABC investigation traces luxury property holdings linked to the family of Bathla's founders while the Sydney building group sits in administration owing billions, with assets held by relatives rather than the founder himself.
Bathla Group's administrators expect to wind up the business after a lender meeting and a government bailout request failed, leaving hundreds of staff unpaid and thousands of homes in limbo.
Administrators Teneo warn the debt-laden developer Bathla Group could close within days without emergency funding; 350 staff are unpaid and the NSW government has declined a bailout.
A former navy sailor created fire-resistant menstrual underwear for frontline workers, with a $200,000 New South Wales government grant funding a second generation and trials upcoming with Australian fire services.
Silicon producer Simcoa will quit the United States from August 14 after Washington imposed steep new tariffs; Canberra says the trade dispute won't derail a critical minerals pact with Washington.
An ABC investigation reveals Uber deployed spyware from Sydney to scrape competitor data and poach drivers, aiming to destroy Australian rideshare rival GoCatch, whose backers included James Packer and Alex Turnbull.
The ABC's Hack program examines Paper Plane, a startup charging participants $1,500 for a seven-week online course with placements at Scentre Group Westfield and Foyster Media, prompting debate over fees for internships.
Deals recorded from ABC News Technology's coverage. A round is listed once, however many of their articles mention it.
| Company | Stage | Announced | Amount | Investors |
|---|---|---|---|---|
| Firmus Technologies | Unnamed stage | 7 Aug 2026 | $2.8b |
Companies named in ABC News Technology's articles, most-covered first.
| Company | What it does | Articles |
|---|---|---|
| Firmus Technologies | GPU-powered AI cloud and scalable compute infrastructure | 7 |
| OpenAI | 5 | |
| Telstra | 5 | |
| Bathla | 3 | |
| Meta | 3 | |
| Amazon | 2 | |
| Anthropic | 2 | |
| Australian Government | 2 | |
| 2 | ||
| Microsoft | 2 | |
| Ten Cap | 2 | |
| Teneo | 2 | |
| Aria | 1 | |
| Australia's AI Safety Institute | 1 | |
| Australian Securities Exchange | 1 | |
| Australian Stock Exchange | 1 | |
| Australian Writers' Guild | 1 | |
| Bulgari | 1 | |
| Coca-Cola Amatil | 1 | |
| GoCatch | 1 | |
| Grab | 1 | |
| Louis Vuitton | 1 | |
| Lynas Rare Earths | 1 | |
| Medicare | 1 | |
| Morningstar | 1 | |
| Navitas | 1 | |
| New South Wales state government | 1 | |
| Office of AI | 1 | |
| Orion | 1 | |
| PAG Asia Capital | 1 | |
| Royal Australian Navy | 1 | |
| Scentre Group | 1 | |
| Shadforth Financial Group | 1 | |
| Shin-Etsu Chemical | 1 | |
| Simcoa | 1 | |
| SpaceX | 1 | |
| Tiffany & Co. | 1 | |
| Uber | 1 | |
| University of NSW | 1 | |
| US Department of Commerce | 1 | |
| VanEck | 1 | |
| Woolworths | 1 | |
| Yorkville Ives | 1 |
Investors named in ABC News Technology's articles, most-covered first.
| Investor | What it does | Articles |
|---|---|---|
| Nvidia | 5 | |
| Blackstone | 3 | |
| NSW Government | 2 |