Nvidia in talks to back GPU cloud Firmus after its IPO was pulled

Nvidia is discussing an investment of hundreds of millions of dollars in Australian AI cloud provider Firmus, which abruptly pulled its IPO earlier this month. Nvidia has already put more than $170 billion on the line for neoclouds and large customers, including credit guarantees.

• Firmus pulled its IPO earlier this month as investors balked
• Nvidia is discussing an investment of hundreds of millions
• Nvidia has committed over $170 billion to neoclouds and customers
• Neoclouds took on debt to buy Nvidia GPUs for data centers