Scrapped IPO of Nvidia-Backed Firmus Grid Points to Limits of AI Boom
Original titleScrapped IPO of Nvidia-Backed Company Points to Limits of AI Boom
AISummary
Australian cloud-computing firm Firmus Grid scrapped its IPO, which had sought a $30 billion valuation. The company had only two operational data centers at the time.
Source: The Wall Street Journal · Tech · wsj.comPublished · added here