Nvidia in Talks to Back Firmus After IPO Flop, Information Says

source: news (news:bloomberg-tech)published 2026-10-20 23:59ingested 2026-10-21 02:55

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Nvidia in Talks to Back Firmus After IPO Flop, Report Says
Nvidia Corp. is in discussions to invest hundreds of millions of dollars in Firmus Grid Ltd. after the Australian AI cloud company abandoned an initial public offering, the Information reported.
The move signals that Nvidia will continue supporting neoclouds, a beleaguered group of debt-laden AI cloud providers, the news site said, citing unidentified people familiar with the talks. Nvidia, the world’s most valuable company, is already an investor in Firmus and a number of its peers.

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