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Nvidia-Backed Firmus Pulls Planned ASX Float After Weak Demand for AI Data-Center IPO

  • Infra & Chips
  • Funding & M&A

Firmus Technologies has pulled what was expected to be one of Australia’s largest listings in decades, a sharp setback for the public-market ambitions of AI infrastructure companies. The Nvidia-backed data-center developer will seek private capital and other financing options after investor demand failed to support its proposed public float.

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