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Nvidia-Backed Firmus IPO Collapses as AI Valuation Concerns Grow

First reported by Bloomberg ·

The signal ●○○○ Brief pending · reported by Bloomberg, Financial Times, Finimize and The Straits Times
What happened

Firmus Grid Ltd. abandoned its attempt at one of Australia’s biggest-ever initial public offerings, after the Nvidia Corp.-backed data center company failed to lure global investors who’ve grown incre...

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