AI IPO flop: "Are We Screwed?"

📡 Barrons 7h ago · 1 min read ·

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Australia's biggest stock market listing in years has failed. The collapse is raising fears about the booming AI trade. The company was a data-center startup. Data centers are large buildings full of computers that power AI tools. High interest rates and political uncertainty are the main causes. Now other tech companies are rethinking when to go public. One founder summed up the mood: "Are We Screwed?"