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Nvidia-backed AI startup Firmus abruptly cancels $5 billion IPO as investors question $30.6 billion valuation

Nvidia-backed Australian AI infrastructure startup Firmus has abruptly canceled its planned $5 billion initial public offering, just days after signaling strong investor demand for what would have been one of Australia’s largest-ever stock market debuts. The sudden reversal comes as […]

The post Nvidia-backed AI startup Firmus abruptly cancels $5 billion IPO as investors question $30.6 billion valuation first appeared on Tech Startups.

Source: Tech Startups