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Nvidia in Talks to Invest More in AI Cloud Firm Firmus After IPO Flop: Report

Summary by Business Times
This signals Nvidia’s continued support for neoclouds, a group of debt-laden AI cloud providers Read more at The Business Times.

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[Cable News] Nvidia is reportedly making a further investment in Australian AI cloud company Firmus. The Information cites sources indicating...

Nvidia would be negotiating a hundreds of millions of dollars investment in Firmus, the Australian company that went from mining Bitcoin to building AI infrastructure. The possible deal comes after Firmus postponed a planned IPO in Australia and while preparing a GPU campus in Indonesia.

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Bloomberg broke the news in New York, United States on Tuesday, October 20, 2026.
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