Nvidia-Backed Firmus IPO Collapses as AI Valuation Concerns Grow
Bloomberg
Read the full articleFirmus Grid Ltd., an Australian data center company backed by Nvidia, plans to delay its IPO and is considering raising funds through a private round instead.
- Firmus IPO Debacle Raises the Bar for Asia AI Deals in Pipeline· Bloomberg
- Firmus pulls biggest ASX float since Telstra amid investor doubt about datacentre company· The Guardian
- Datacentre company Firmus’s high flying valuation may be coming back down to earth ahead of expected ASX debut· The Guardian
- Nvidia-Backed Firmus Said to Close Books as IPO Struggles· 3 sources
- Firmus Eyes $30 Billion Valuation in Australian IPO, AFR Reports· Bloomberg
