BBC TechnologyNvidia-backed data centre firm scraps IPO as AI valuation concerns deepenFirmus said it had made the decision due to “recent market volatility and prevailing market conditions”. •October 9, 2026•1 min readShare:[object Object] Nvidia-backed data centre firm scraps IPO as AI valuation concerns deepen Image source, Firmus ByOsmond ChiaBusiness reporter Published9 October 2026, 04:41 BSTUpdated 2 hours ago Artificial Get Deeper Market IntelligenceAccess regulatory filings, exchange updates, and curated market insights beyond the headlines.Get Market IntelligenceRelated NewsBBC TechnologyWhy are more roofs not made of solar tiles?•1 min readBBC TechnologyWhite House blocks Microsoft from foreign worker hiring programme•1 min readBBC TechnologyAI chip boom pushes Samsung profits to record $80bn•1 min readStay Ahead of the MarketsGet breaking news, expert insights, and market analysis delivered directly to your inbox.Subscribe to NewsletterRegister for Market Access