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Nvidia-backed Firmus eyes $3B funding after scrapping $5B IPO: report
Seeking Alpha ·
Seeking Alpha reports: Nvidia-backed Firmus Grid is exploring raising $2B to $3B in a private funding round after abandoning plans for a roughly $5B initial public offering that would have valued the Australian data center company at $30B, Bloomberg reported. Firmus and its advisers are in discussions with existing investors to help fund the round, people familiar with the matter said, asking not to be identified because the talks are private. The financing structure has not been finalized…