# Nvidia in Talks to Back Firmus After IPO Flop, Information Says — retained record

> Retained news record from news:bloomberg-tech.

Canonical: https://highsignal.app/data/records/166c584ccb8d572d

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source: [news](https://highsignal.app/data/news) (news:bloomberg-tech)  published 2026-10-20 23:59 ingested 2026-10-21 02:55

[original source ↗](https://www.bloomberg.com/news/articles/2026-10-20/nvidia-in-talks-to-back-firmus-after-ipo-flop-information-says)

## retained text



```
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.
```



document fetched 2026-10-21 02:55 · canonical https://bloomberg.com/news/articles/2026-10-20/nvidia-in-talks-to-back-firmus-after-ipo-flop-information-says