Firmus IPO Flop Raises Data Center Funding Questions
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Australian data center operator Firmus is considering private funding and a potential US listing after its highly anticipated Sydney IPO collapsed. The setback has raised questions about investor appetite for AI infrastructure assets and the valuations attached to them. Tamim Asset Management's Head of Australian Equities Ron Shamgar joins "Bloomberg: The Asia Trade" to discuss what went wrong and why he says Firmus got too greedy.
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