Nvidia in talks over possible multimillion-dollar investment in Firmus Grid after its cancelled Australian listing
Nvidia is in talks to invest hundreds of millions of dollars in Firmus Grid, an Australian AI cloud infrastructure company, according to The Information. Nvidia already holds a stake in the company. The talks follow Firmus's cancellation in early October of its initial public offering in Australia, which it attributed to market volatility. Firmus had announced a possible listing with a valuation above $30 billion. The report did not confirm a deal.
In 35 seconds
- Nvidia is in talks to invest hundreds of millions of dollars in Australia's Firmus Grid, according to The Information.
- Firmus cancelled its Australian IPO in early October citing market volatility.
- The company had announced a possible listing with a valuation above $30 billion.
IASummary generated by artificial intelligence from a story by Revista ADVFN. It may contain errors: the original source prevails.




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