AI
Firmus IPO Scrapped as AI Valuations Face a New Test
Firmus withdrew its planned ASX IPO and will pursue private capital, sharpening scrutiny of AI infrastructure valuations and funding needs.
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AI
APLD Stock: Revenue Jumps 322% as Debt Hits $6.4B
APLD stock faces a growth-versus-leverage test after Applied Digital posted 322% revenue growth, a $221 million loss and $6.4 billion debt.