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Macro Finance

Nvidia-Backed Firmus IPO Collapses

Bloomberg Markets·October 9, 2026·1 min read

Firmus abandoned its attempt at one of Australia's biggest-ever initial public offerings after failing to attract global investors. The collapse comes amid global concerns over frothy AI valuations, according to Bloomberg's Manuel Baigorri, highlighting investor caution in the tech sector.

Read at Bloomberg Markets
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