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Tim Rosenfield
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Firmus scraps Australian IPO amid AI valuation concerns
6 clusters · 32 sources · last updated
Latest: Firmus scraps US$5 billion Australian IPO amid AI valuation concerns
Firmus Technologies, the Nvidia-backed ‘neocloud’ operator, has officially cancelled its planned initial public offering (IPO) on the Australian Securities Exchange (ASX). The company had intended to raise between US$5 b