Part of The AI Chip Demand Surge · 6 stories · since Sep 28 · newest 4h ago
Nvidia-Backed Firmus Postpones Mega IPO After Investor Demand CratersFirmus postpones IPO, weighs private funding round
6 Oct 8 1:17 PM · 5d ago · 2 articles · 2 posts · 2 sources · development 6 of 6
People familiar with the matter say Firmus is set to postpone its IPO outright and is instead weighing a private funding round, after some investors raised concerns over its pricing strategy.
Firmus Grid Ltd Australian data-center companyNvidia Investor and GPU supply partnerJun Bei Liu Portfolio manager, Ten CapBlackstone Investor
The whole story articlesposts the bright band is this development · numbered dots are the others · click one to jump
What was reported 2 claims about this development
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first by Investing.com News, 5d ago · also TheEnergyMag, Finimize, The Straits Times, Bloomberg Law, Bloomberg, Seeking Alpha +7
15 more headlines
- Nvidia-Backed Firmus Scraps $5B Australian IPO, Seeks Private Funding TheEnergyMag · 5d ago
- Nvidia-Backed Firmus Scraps Its $5 Billion IPO Finimize · 5d ago
- Nvidia-backed Firmus shelves IPO, eyes private funding The Straits Times · 5d ago
- Sources: the IPO of Nvidia-backed data center provider Firmus is uncertain after failing to attract adequate support, underscoring concerns over AI funding Bloomberg Law · 5d ago
- Nvidia-Backed Firmus May Put Its Australian IPO On Ice Finimize · 5d ago
- Nvidia-backed Firmus delaying planned Australia IPO - Bloomberg Seeking Alpha · 5d ago
- Nvidia-Backed Firmus Scraps Australian IPO, Citing Market Conditions WSJ US Business · 5d ago
- Nvidia-Backed Firmus IPO Collapses Bloomberg Markets · 5d ago
- Nvidia-backed Aussie AI firm Firmus withdraws historic IPO, citing market volatility CNBC · 5d ago
- Nvidia-backed Firmus scraps $5 billion Australia IPO amid growing AI scrutiny Reuters · 5d ago
- Nvidia-backed AI firm Firmus cancels historic $5B IPO Seeking Alpha · 5d ago
- Nvidia-backed Firmus eyes $3B funding after scrapping $5B IPO: report Seeking Alpha · 4d ago
- $5 billion IPO dream crashes: Why Nvidia-backed Firmus hit the brakes Financial Express · 4d ago
- NVIDIA-Backed Firmus Grid Withdraws $5 Billion IPO After Investors Reject $30 Billion Valuation COINOTAG · 4d ago
- Nvidia-Backed Firmus Cancels $5B IPO After 25% Valuation Cut Coinpaper · 4d ago
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first by Bloomberg Tech, 5d ago · also Bloomberg
On air 1 segment · click to watch, arrow keys to move
What people said 8 voices · verbatim
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NEWS: Australian AI data center operator Firmus, which is backed by Nvidia, has withdrawn its planned mega initial public offering, per CNBC
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Just bad IPO marketing or sign of something bigger? You decide. "Nvidia-backed data centre firm scraps IPO as AI valuation concerns deepen [...] The decision by Firmus to scrap its stock market listing comes as investors and industry analysts have raised concerns about the hundreds of billions of dollars being poured into AI as the prospects for…
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Got to draw the line somewhere where they’ve paid debt to the community and can start over. Old mate did some insider trading likely pleaded guilty to get a shorter sentence. I’d say of all the crimes you can go to jail for insider trading is pretty much nothing.
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Basically Firmus will ask Nvidia to fund it some more to buy some chips off Nvidia
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K
" # Nvidia , despite its immense profits & prestige,🚨is known for doing something a bit scuzzy, called🚨“circular financing" -invests in its own customers so they can buy its chips. # AI # DataCenter co: # Firmus , tried to sell shares to on the stk mkt this week. Investors revolted *co had to scrap its IPO *backed by blue chip financial firms…
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https://www. europesays.com/us/1109798/ Nvidia-backed Aussie AI firm Firmus withdraws historic IPO, citing market volatility # ai # ArtificialIntelligence # BlackstoneInc # BreakingNews :Markets # BreakingNews :Technology # BusinessNews # Markets # MetaPlatformsInc # NVIDIACorp # Technology # UnitedStates # UnitedStates # US
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After IPO Flop, Nvidia-Backed Firmus Seeks $3 Billion Private Funding https://www. bloomberg.com/news/newsletters /2026-10-09/after-ipo-flop-nvidia-backed-firmus-seeks-3-billion-private-funding?utm_source=flipboard&utm_medium=activitypub Posted into Bloomberg Television @ bloomberg-television-bloomberg
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Watch Nvidia-Backed Firmus IPO Collapses - Bloomberg https://www. bloomberg.com/news/videos/2026 -10-09/nvidia-backed-firmus-ipo-collapses-video?utm_source=flipboard&utm_medium=activitypub Posted into Bloomberg Television @ bloomberg-television-bloomberg
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