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In Other News · Kenya · Markets

Nvidia-backed AI data centre firm scraps landmark listing over market fears

Source: KBC
Summary
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 the decision due to “recent market volatility and prevailing market conditions” and that going public would not be in the company or shareholders’ best interests. […] The post Nvidia-backed AI data centre firm scraps landmark listing over market fears appeared first on KBC Digital.
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