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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".

October 9, 2026

EXCLUSIVE: Refresco plots potential IPO at $10 billion-plus valuation, sources say - Reuters

EXCLUSIVE: Refresco plots potential IPO at $10 billion-plus valuation, sources say Reuters

October 8, 2026

German robot startup RobCo hits $1 billion valuation, CEO moves to US - Reuters

German robot startup RobCo hits $1 billion valuation, CEO moves to US Reuters

October 5, 2026

$5 billion Firmus IPO divides investors after valuation triples in two months - Reuters

$5 billion Firmus IPO divides investors after valuation triples in two months Reuters

October 2, 2026

AI cybersecurity startup Armadin valued at over $2.5 billion after new funding round - Reuters

AI cybersecurity startup Armadin valued at over $2.5 billion after new funding round Reuters

October 1, 2026

Accel-backed Moneyview soars 76% in India debut, tops $1 billion valuation - Reuters

Accel-backed Moneyview soars 76% in India debut, tops $1 billion valuation Reuters

October 1, 2026

ElevenLabs' valuation doubles to $22 billion on surging AI voice-agent demand - Reuters

ElevenLabs' valuation doubles to $22 billion on surging AI voice-agent demand Reuters

September 30, 2026

Monzo in talks on sale to Nubank at about £10 billion valuation, Sky News reports - Reuters

Monzo in talks on sale to Nubank at about £10 billion valuation, Sky News reports Reuters

September 26, 2026

Cybersecurity startup Island valued at $6.4 billion amid AI agent security risks - Reuters

Cybersecurity startup Island valued at $6.4 billion amid AI agent security risks Reuters

September 24, 2026

EXCLUSIVE: Snorkel AI valued at $3.5 billion amid surging demand for complex AI training data - Reuters

EXCLUSIVE: Snorkel AI valued at $3.5 billion amid surging demand for complex AI training data Reuters

September 22, 2026

Oura targets $15.62 billion valuation in US IPO, setting stage for fall listings - reuters.com

Oura targets $15.62 billion valuation in US IPO, setting stage for fall listings reuters.com

September 21, 2026

RNA drug developer ADARx seeks $1.74 billion valuation in US IPO - Reuters

RNA drug developer ADARx seeks $1.74 billion valuation in US IPO Reuters

September 21, 2026

AI infrastructure provider Crusoe valued at $30.9 billion in latest funding round - Reuters

AI infrastructure provider Crusoe valued at $30.9 billion in latest funding round Reuters

September 17, 2026

OpenAI mulls funding round at $1.2 trillion valuation ahead of IPO, FT reports - Reuters

OpenAI mulls funding round at $1.2 trillion valuation ahead of IPO, FT reports Reuters

September 15, 2026

AI coding agent startup Factory triples valuation to $5 billion in latest funding round - reuters.com

AI coding agent startup Factory triples valuation to $5 billion in latest funding round reuters.com

September 15, 2026

AI startup Discovery Loop seeks around $50 billion valuation, Business Insider reports - Reuters

AI startup Discovery Loop seeks around $50 billion valuation, Business Insider reports Reuters

September 11, 2026

TGL's new funding doubles valuation to $1B - Reuters

TGL's new funding doubles valuation to $1B Reuters

September 11, 2026

AI chip startup Positron's valuation skyrockets in latest funding round - Reuters

AI chip startup Positron's valuation skyrockets in latest funding round Reuters

September 10, 2026

Hero Motors targets $401 million valuation in India IPO - Reuters

Hero Motors targets $401 million valuation in India IPO Reuters

September 9, 2026

Legal AI startup Harvey reaches $15.5 billion valuation in new funding round - Reuters

Legal AI startup Harvey reaches $15.5 billion valuation in new funding round Reuters

September 9, 2026

Related Pages (20)

Nvidia-backed data centre firm scraps IPO as AI valuation concerns deepen

Artificial intelligence (AI) data centre company Firmus has scrapped its plans for what would have been one of Australia's biggest-ever stock market listings. The Nvidia-backed firm said it had made

bbc.co.uk•October 9, 2026

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news.google.com•October 9, 2026

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news.google.com•October 5, 2026

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news.google.com•October 3, 2026

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news.google.com•October 1, 2026

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news.google.com•September 30, 2026

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news.google.com•September 26, 2026

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news.google.com•September 24, 2026

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news.google.com•September 23, 2026

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news.google.com•September 21, 2026

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news.google.com•September 21, 2026

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news.google.com•September 16, 2026

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news.google.com•September 16, 2026

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news.google.com•September 12, 2026

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news.google.com•September 11, 2026

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news.google.com•September 10, 2026

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news.google.com•September 9, 2026

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news.google.com•September 9, 2026

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news.google.com•September 8, 2026

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news.google.com•September 1, 2026