Nvidia-backed data centre firm scraps IPO as AI valuation concerns deepen
Firmus said it had made the decision due to "recent market volatility and prevailing market conditions".
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"We think that Firmus indeed has a compelling story. It just doesn't have a compelling valuation."
— John Pearce , Executive
"It's more like a bet on a dream."
— Phillip Wool , Executive
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Firmus said it had made the decision due to "recent market volatility and prevailing market conditions".
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