Firmus Misfire Casts Shadow on Data Center IPOs in the Pipeline

(Bloomberg) -- The expected postponement of Nvidia Corp.-backed data center company Firmus Grid Ltd.'s Australian IPO is an ominous sign for other proposed listings, coming after a string of disappointing debuts for artificial intelligence infrastructure firms. Most Read from Bloomberg US Bars Microsoft, Indian Firms From Visa Program in Talent Blow UPS Worker Missed Email, Letting China Get F-35 Parts Apple to Launch Doorbell, Lock, Thermostat Developed With LG Reliance May Be a Cheaper Way to Buy Jio After Its Listing India Scraps Key Tax Relief for Gold Imports, Raising Costs Firmus' looming decision to pause its IPO of as much as $5.