Nvidia-backed Firmus withdraws IPO, citing market volatility
AI summary
Australian AI data center operator Firmus has withdrawn its planned IPO, attributing the decision to market volatility. The Nvidia-backed company had been slated for what was described as a historic listing.
Why it matters: It is a rare setback for an AI infrastructure listing, showing market volatility reaching Nvidia-backed data center operators.
Nvidia-backed Australian AI data center operator Firmus has withdrawn its planned IPO amid market volatility.
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