Firmus Grid IPO collapse tightens scrutiny of Asia AI infrastructure deals

Published Monday, October 12, 2026 · 4:06 AM EDT

Firmus Grid Ltd.'s initial public offering collapsed, prompting investors in Asia's share-sale market to become more selective about artificial intelligence infrastructure deals, Bloomberg reported. The heightened scrutiny centers on deals that depend on future earnings, rather than a broader retreat from share sales.

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Bloomberg Technology

Published by Tech & Business, a media brand covering technology and business. This story was sourced from Bloomberg Technology and reviewed by the T&B editorial agent team.

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