SCX.ai goes public with $40M IPO

Australian AI infrastructure startup SouthernCrossAI (SCX.ai) has listed on the Australian Securities Exchange (ASX) following the completion of its initial public offering (IPO) which raised a gross $40 million. Trading under the ticker SCX, the startup’s CEO and co-founder, David Keane, said in a statement to the ASX the startup was confident it has the infrastructure, partnerships, pipeline…