Categories: Tech & Auto

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 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.)

Indianews Syndication

Share
Published by
Indianews Syndication

Recent Posts

UPDATE 1-Indonesia 2027 crude palm oil output seen at 51.7 million metric tons, GAPKI says

(adds details) JAKARTA, Oct 9 (Reuters) - Indonesia's crude palm oil output in 2027 is…

3 minutes ago

Oil falls as Trump comments on Iran talks ease supply concerns

Oct 9 (Reuters) - Oil prices fell on Friday as Middle East supply concerns eased…

4 minutes ago

SK's Chey vows to build Gwangju chip plants as fast as possible, no start date set

SEOUL, Oct 9 (Reuters) - SK Group Chairman Chey Tae-won said on Friday that chipmaker…

5 minutes ago

COMMITTEE OF BASF SUPERVISORY BOARD TO CONVENE TODAY TO DISCUSS EVONIK, SOURCES CLOSE TO BASF SAY

COMMITTEE OF BASF SUPERVISORY BOARD TO CONVENE TODAY TO DISCUSS EVONIK, SOURCES CLOSE TO BASF…

9 minutes ago

UPDATE 1-Apple cuts iPhone 18 Pro orders due to soft demand, Nikkei Asia reports

(Updates with details, background) Oct 9 (Reuters) - Apple has told some suppliers to cut…

14 minutes ago

Porsche's nine-month sales slide 16% on weak China demand, focus on value over volume

Oct 9 (Reuters) - German sports car maker Porsche said on Friday it delivered 16%…

15 minutes ago