Australia's Maas Group touches record high on Firmus deal with Meta
META•Maas Group shares rose as much as 3.2% to a record A$7.090 after AI infrastructure company Firmus Technologies, in which Maas holds a nearly 3.2% stake, signed agreements with Meta for GPU compute capacity at its AI data centres.
1. Shares hit record
Shares of real estate firm Maas Group rose as much as 3.2% to A$7.090, a record high. Firmus Technologies, which Maas Group has a near 3.2% stake in, signed agreements with Meta Platforms for graphics processing unit compute capacity at its AI data centres. Firmus is backed by Nvidia, has OpenAI as an anchor customer and is preparing for a $5 billion initial public offering; Maas Group shares are up 29% year to date.
