Firmus, a data centre company backed by Nvidia, has scrapped its planned IPO, the BBC reports. The firm said it made the decision because of recent market volatility and prevailing market conditions.
The BBC links the move to deepening concern about AI valuations.
Source: bbc.co.uk, reported 10-09. https://www.bbc.co.uk/news/articles/ck9dzpw4ll8po