Australian Nvidia-backed AI data centre operator Firmus scraps $5 billion IPO

By Scott Murdoch and Christine ChenAustralia's Firmus, a data centre operator backed by Nvidia NASDAQ:NVDA, shelved its $5 billion initial public offering, citing market volatility and conditions, and said it would opt for a private fundraising round instead.Firmus' IPO would have been the second-l…