Nvidia-backed Firmus scraps IPO, seeks $3B

AI data center financing shifts from public listing to private capital amid market volatility.

Nvidia-backed data center firm Firmus scrapped its Australian IPO citing market conditions and is now seeking up to $3 billion, per reports.

Read it at https://internationalfinance.com/ →

Coverage: 2 sources, in order

1. 13 Oct 03:00 https://internationalfinance.com/: Nvidia-backed data centre firm Firmus seeks up to USD 3 billion after scrapping IPO
2. 13 Oct 22:58 WSJ: Nvidia-Backed Firmus Scraps Australian IPO, Citing Market Conditions

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