Nvidia-backed Australian AI data center operator Firmus has withdrawn its planned $5 billion IPO, saying market volatility and the offer terms did not reflect the company’s strength or long-term growth outlook.

Oct 8, 2026 - 21:10

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Nvidia-backed Australian AI data center operator Firmus has withdrawn its planned $5 billion IPO, saying market volatility and the offer terms did not reflect the company’s strength or long-term growth outlook.

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