EventBusinessOctober 9, 2026

Nvidia-backed Firmus withdraws IPO, citing market volatility

Read original source →cnbc.com

Australian AI data center operator Firmus Grid withdrew its planned IPO, with Bloomberg reporting cratering demand for the Nvidia-backed offering. The collapse is making Asian investors pickier about AI infrastructure deals that hinge on future earnings.

How this story unfolded

4 days · 3 reports · from Oct 8

  1. Oct 8
  2. Oct 9
  3. Oct 12

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