Business

Tech Firm Withdraws IPO Amid Market Volatility

Updated 2026-10-09 01:10 UTC 2 sources Negative

Nvidia-backed Australian AI firm Firmus withdrew its planned IPO due to market volatility. The move comes as the tech sector faces ongoing challenges.

Coverage timeline — 2 articles
MarketWatch
SpaceX plans to purchase Grain Management’s 800 MHz spectrum portfolio in a move to bolster its mobile ambitions. The news is lifting cell-tower stocks.
2026-10-09 00:52 UTC
CNBC
Nvidia-backed Australian AI data center operator Firmus has withdrawn its planned IPO amid market volatility.
2026-10-09 01:02 UTC
Share: Twitter / X LinkedIn