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Firmus Grid’s $30 Billion IPO Collapses After Failing to Attract US Investors

BloombergView source article

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Firmus Grid's $30 billion IPO collapses after failing to attract US investors

Firmus Grid Ltd., an Nvidia-backed AI data center company, saw its planned $30 billion IPO collapse within 48 hours after failing to attract sufficient US investor interest, marking one of the biggest deal flops in recent memory.

Oct 9, 2026·2 sourcesAI Data Center Gold RushAI startupsCompute, chips & AI infrastructure
Firmus Grid's $30 billion IPO collapses after failing to attract US investors
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Other sources for this story

The Wall Street Journal

💬Money Quote: Investor Balks at Valuation in Canceled AI IPO