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Australian Nvidia-backed AI data centre operator Firmus shelves IPO

Close-up of blue ethernet cables hanging in a data center, highlighting technology connections.
Illustrative photo.Photo by cnrdmroglu on Pexels

What happened

Australian Nvidia-backed AI data centre (a building full of computers that runs online services) operator Firmus shelves IPO (the sale of a company’s shares to the public on a stock exchange), according to iTnews. NVIDIA is a semiconductor company based in Santa Clara, founded in 1993.

Sources & evidence