The head of Australia's leading pension agency said that the failure of Firmus Grid's listing indicates that investors are becoming more cautious about the endless investment targets in the AI construction wave. Simon Warner, chief investment officer of Aware Super, made the above statement when asked about the huge capital expenses required for AI infrastructure at the Citigroup Australia and New Zealand Investment Conference held in Sydney on Wednesday: The Firmus case shows that investors are doing their job well. He said, “Now that investors have sorted out the logic, everyone is aware that there will be a huge supply of tenders to bid on. Investors have the opportunity and responsibility to carefully select the direction to invest their capital because this is a long-term process that lasts for many years.”

The head of Australia's leading pension agency said that the failure of Firmus Grid's listing indicates that investors are becoming more cautious about the endless investment targets in the AI construction wave. Simon Warner, chief investment officer of Aware Super, made the above statement when asked about the huge capital expenses required for AI infrastructure at the Citigroup Australia and New Zealand Investment Conference held in Sydney on Wednesday: The Firmus case shows that investors are doing their job well. He said, “Now that investors have sorted out the logic, everyone is aware that there will be a huge supply of tenders to bid on. Investors have the opportunity and responsibility to carefully select the direction to invest their capital because this is a long-term process that lasts for many years.”