TechThe Information2h ago
Nvidia-Backed Firmus Scraps $5 Billion Australia IPO
Nvidia-Backed Firmus Scraps $5 Billion Australia IPO as Markets Wobble
Firmus Grid, an AI cloud company backed by Nvidia, has pulled what would have been Australia’s biggest initial public offering in almost 30 years. The Sydney-based company had planned to raise nearly $5 billion at a valuation above $30 billion. It cited market volatility and…
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