By Thomson Reuters
Publication Date: 2026-10-08 22:14:00
SYDNEY, Oct 9 (Reuters) – Australia’s Nvidia-backed AI data centre operator Firmus shelved its initial public offering citing recent market volatility, and will opt for a private fundraising round, the company said in a statement.
“Firmus will now pursue capital from the private markets and consider alternative public and private market options,” it said.
(Reporting by Scott Murdoch, Christine Chen and Renju Jose in Sydney; Editing by Chris Reese)
