Sources detail how Firmus' IPO collapsed in 48 hours after US fund managers deemed its $30B valuation too rich for a company with just $51M in FY 2026 revenue (Bloomberg)
Techmemeen

Bloomberg : Sources detail how Firmus' IPO collapsed in 48 hours after US fund managers deemed its $30B valuation too rich for a company with just $51M in FY 2026 revenue — Nvidia-Backed Firmus IPO Collapses Video Player is loading. — Current Time 0:00 Loaded: 17.94% Playback Rate — This is a modal window.
This is a short summary published by AI Global Wire. The full article is owned and hosted by Techmeme — open it there to read it in full.
Read the full story at Techmeme- Bild
- Företag
Related AI news
- Firmus explores $3b private funding round after IPO withdrawalTech in Asia · October 10, 2026
- 「iPod 之父」點評 AI 裝置失敗原因:未能解決真實痛點且缺乏信任TechNews (TW) · October 10, 2026
- Anthropic can’t reliably control its AI agents. It’s cutting off its internal evals from the live internet insteadTechCrunch AI · October 10, 2026
- Sources: Nuvacore, a six-month-old Sequoia-backed chip startup that's designing a new central processor for data centers, is raising funds at a ~$2.5B valuation (Reuters)Techmeme · October 9, 2026
- Warehouse robot maker Ultra Robotics bags $62MSiliconANGLE · October 9, 2026
- Jev creator TypeSafe closes $870M round at $7.5B valuationSiliconANGLE · October 9, 2026