Business & Finance
Australian NVIDIA-backed AI data centre operator Firmus shelves IPO
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Australian NVIDIA-backed AI data centre operator Firmus shelves IPO SYDNEY, Oct 9 : Australia's Nvidia-backed AI data centre operator Firmus shelved its initial public offering citing recent market volatility, and will opt for a private fundraising round, the company said in a statement. "Firmus will now pursue capital from the private markets and consider alternative public and private market options," it said.
Australian NVIDIA-backed AI data centre operator Firmus shelves IPO
SYDNEY, Oct 9 : Australia's Nvidia-backed AI data centre operator Firmus shelved its initial public offering citing recent market volatility, and will opt for a private fundraising round, the company said in a statement.
"Firmus will now pursue capital from the private markets and consider alternative public and private market options," it said.
Source: Reuters