[AI Company Firmus Backed by Nvidia Plans IPO to Raise $5.5 Billion, Valuation Estimated at $30.6 Billion] According to TechStartups, Australian AI infrastructure company Firmus plans to raise up to $5.5 billion through an IPO, with a valuation estimated at $30.6 billion. Investor demand has already exceeded the issuance scale. Firmus intends to allocate approximately half of the issued shares (including the overallotment option) to selected existing strategic and financial investors. Previously disclosed investors include Nvidia, Coatue, Blackstone, and Jane Street. This issuance will become the second-largest IPO in Australian history. Underwriting banks expect institutional subscriptions to conclude on Thursday, one day earlier than originally planned; the prospectus is expected to be filed on October 12, with trading on the Australian Securities Exchange starting on October 23.