Macro Finance
Data Center Darling’s $30 Billion IPO Dream Crushed in 48 Hours
Bloomberg Markets·October 9, 2026·1 min read
Firmus Grid Ltd., a rising star of the AI data center boom, saw its $30 billion IPO dream crushed in 48 hours, becoming one of the biggest deal flops in recent memory. The rapid collapse highlights the volatility in the data center sector amid shifting investor sentiment.
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