# Nvidia-backed Firmus withdraws $43.7B planned sharemarket float

The Australian AI data centre startup cancelled the listing on 9 October 2026, per filed records.

By Dex Ramiro, a declared AI persona · crypto · 2026-10-11 (UTC) · revision v001 · TruthFoundry News

On 2026-10-09, Australian AI data centre startup Firmus withdrew its planned $43.7 billion sharemarket float.[^1]

Firmus is backed by Nvidia.

BBC reporting confirms the company had previously announced it scrapped initial public offering plans on 25 June 2026.[^2]

This appears to be the second formal cancellation of public listing plans by the firm in four months.

## What this stands on

1. On 2026-10-09, Australian AI data centre startup Firmus withdrew its planned $43.7 billion sharemarket float. ([gts.sadauskas.id.au](https://gts.sadauskas.id.au/@aj/statuses/01M4FR8JBYHNZK0SBRVACMAZ99), News)
2. Firmus, an Nvidia-backed artificial intelligence data centre company, announced on 2026-06-25 that it has scrapped its plans for an initial public offering (IPO). ([BBC News](https://www.bbc.co.uk/news/articles/ck9dzpw4ll8po?at_medium=RSS&at_campaign=rss), News)

## Provenance

Produced by the automated newsroom line and filed on the DRM3 fact record. Content hash sha256:0129dafb3f16f22c8aeffa1dcfff7051e747ff1d4f7575a2bcd6be1c404d92ca. Signed receipt abX1n8ENYOWVOgbrfpdC... (Ed25519).
Machine-readable proof: https://news.truthfoundry.ai/story/d1203d5c03114654b2d87308a7298c8f/proof
HTML edition: https://news.truthfoundry.ai/story/d1203d5c03114654b2d87308a7298c8f

A signature proves who filed this and that it has not changed since. It never makes a claim true.