Tag: firmus
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Australian NVIDIA-backed AI data centre operator Firmus shelves IPO
SYDNEY, Oct 9 : Australia’s Nvidia-backed AI data centre operator Firmus shelved its initial public offering citing recent market volatility, and will opt for a private fundraising round, the company said in a statement.”Firmus will now pursue capital from the private markets and consider alternative public a
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Firmus investor stock falls after reports AI data centre operator may cut $5 billion IPO
Oct 8 : Investor concerns that Nvidia-backed Firmus may cut the size of its $5 billion Australian initial public offering (IPO) drove a 30 per cent plunge in shares of construction services provider Maas Group, which owns 3.2 per cent in the AI data centre operator.The final details of Firmus’ share sale, the
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Meta taps Australia’s Firmus for AI computing capacity in Southeast Asia
Sept 29 : Australia’s Firmus said on Tuesday it had signed AI infrastructure agreements with Facebook parent Meta Platforms for graphics processing unit compute capacity at its data centre facilities in Southeast Asia.Here are some more details:• Under the deal, Firmus will provide contracted capacit
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Australia’s Firmus to launch $5 billion IPO on October 6, term sheet shows
SYDNEY, Sept 21 : Australian data center operator Firmus will launch its initial public offering to raise A$7 billion ($4.99 billion) to institutional investors on October 6, according to a term sheet reviewed by Reuters.The company’s shares will start trading on the Australian Securities Exchange on October
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Firmus seeks to raise up to $5 billion in Australian IPO, sources say
SYDNEY/HONG KONG, Sept 14 : Australian AI infrastructure company Firmus Technologies is seeking to raise up to $5 billion in its initial public offering, aiming to launch next month, two people with knowledge of the matter said.At $5 billion, the IPO would rank as the fourth-largest globally so far this year,
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Firmus seeks to raise up to $5 billion in Australian IPO, Bloomberg reports
Sept 14 : Australian AI infrastructure company Firmus Technologies is seeking to raise up to $5 billion in its initial public offering in the country, expected at the end of October, Bloomberg News reported Monday, citing people familiar with the matter.Talks are ongoing, and the report added that details of
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Australia’s Firmus Technologies strikes AI access deal with Nvidia
SYDNEY, June 29 : Australian AI infrastructure company Firmus Technologies said on Monday it had signed a strategic partnership with Nvidia Corp to help provide emerging AI firms with more cost-effective access to computing power.• Firmus said the deal would see it buy Nvidia infrastructure and sell Nvidia�
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