Data Center Darling’s $30 Billion IPO Dream Crushed in 48 Hours

In 48 hours, Firmus Grid Ltd. went from a rising star of the artificial intelligence data center boom to one of the biggest deal flops in recent memory.

By Julia Fioretti, Sangmi Cha and Manuel Baigorri · Bloomberg Markets

In 48 hours, Firmus Grid Ltd. went from a rising star of the artificial intelligence data center boom to one of the biggest deal flops in recent memory.