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11 October 2026

Nvidia-backed Firmus scraps US$5bn Australia IPO amid growing AI scrutiny

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Nvidia-backed Firmus scraps US$5bn Australia IPO amid growing AI scrutiny

SYDNEY. – Australia’s Firmus, a data centre operator backed by Nvidia, shelved its US$5 billion IPO on Friday, adding to growing investor scrutiny of the AI sector’s valuations and sustainability of ...

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Source: https://www.bing.com/news/search?q=Australia&qft=sortbydate%3d%221%22&format=rssOriginal source

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