Categories: Technology

Nvidia-backed Firmus scraps $5 billion Australian IPO as investors step up AI scrutiny

By Scott Murdoch and Christine Chen SYDNEY, Oct 9 (Reuters) – Australia's Firmus, a data centre operator backed by Nvidia, shelved its $5 billion initial public offering on…

Add NewsX As A Trusted Source
Add as a preferred
source on Google
Published by
Published: October 9, 2026 10:54:05 IST

By Scott Murdoch and Christine Chen SYDNEY, Oct 9 (Reuters) – Australia's Firmus, a data centre operator backed by Nvidia, shelved its $5 billion initial public offering on Friday, opting for a

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Published by
Published: October 9, 2026 10:54:05 IST

Recent Posts

BRIEF-Advenica Wins Encryption Product Order Worth SEK 41 Mln From Swedish Authority

Oct 9 (Reuters) - Advenica AB (publ): * WINS ENCRYPTION PRODUCT ORDER WORTH 41 MSEK…

October 9, 2026

Explainer-The skilled foreign tech workers' green card program under attack from Trump

By Deborah Mary Sophia and Jaspreet Singh Oct 8 (Reuters) - The US government said…

October 9, 2026

OpenAI says it has fired three researchers for violating sensitive information policy 

Oct 9 (Reuters) - OpenAI fired three of its researchers last week after an investigation…

October 9, 2026