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Nvidia-backed data centre operator pulls $5bn IPO

Nvidia-backed Firmus abandons plan to list in Sydney, blaming ‘recent market volatility and prevailing market conditions’

Read the full story at Financial Times AI ↗

Timeline · 3 reports

  1. 2026-10-09 08:01 · Bloomberg AI
    Nvidia-Backed Firmus IPO Collapses as AI Valuation Concerns Grow
  2. 2026-10-09 07:14 · BBC Technology
    Nvidia-backed data centre firm scraps IPO as AI valuation concerns deepen
  3. 2026-10-09 03:11 · Financial Times AI
    Nvidia-backed data centre operator pulls $5bn IPO

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