7 stories tagged #IREN

  1. IREN Co-Founder: AI's Biggest Bottleneck Is Infrastructure, Not Chips
    tech

    IREN Co-Founder: AI's Biggest Bottleneck Is Infrastructure, Not Chips

    IREN co-founder Dan Roberts outlines a vertically integrated AI strategy, arguing power, land, and data centers are the new critical constraints.

    last wk. 1 min read
  2. Bitcoin Miners Become Key Players in AI Infrastructure
    crypto

    Bitcoin Miners Become Key Players in AI Infrastructure

    Bernstein reports Bitcoin miners are critical AI suppliers due to their power capacity and data center real estate, with over 27 GW planned and $90 billion in AI deals.

    2w ago 1 min read
  3. Bitcoin Miner IREN Secures $3.4 Billion Nvidia AI Deal, $2.1 Billion Share Option
    crypto

    Bitcoin Miner IREN Secures $3.4 Billion Nvidia AI Deal, $2.1 Billion Share Option

    Nvidia partners with IREN for up to 5 GW of AI infrastructure. IREN stock surges then dips on earnings miss.

    3w ago 1 min read
  4. IREN Stock Surges as Company Secures $2.1B Nvidia AI Data Center Deal
    tech

    IREN Stock Surges as Company Secures $2.1B Nvidia AI Data Center Deal

    IREN partners with Nvidia for up to 5 gigawatts of AI infrastructure, issuing stock warrants; shares spike on news.

    3w ago 1 min read
  5. Nvidia Commits Up to $2.1 Billion to IREN in Major AI Data Center Expansion
    tech

    Nvidia Commits Up to $2.1 Billion to IREN in Major AI Data Center Expansion

    Nvidia invests up to $2.1B in IREN, securing 5 GW of capacity for AI infrastructure, boosting shares 9%.

    3w ago 1 min read
  6. IREN Pivots from Bitcoin Mining to AI Cloud, Bernstein Lowers Price Target
    tech

    IREN Pivots from Bitcoin Mining to AI Cloud, Bernstein Lowers Price Target

    Bernstein analysts cut IREN's price target to $100 while maintaining an Outperform rating, recognizing the company's strategic shift from Bitcoin mining to a major AI cloud provider with a significant Microsoft contract.

    last mo. 1 min read
  7. IREN Boosts AI Capacity by 50% with Nvidia GPUs, Eyes $6 Billion Share Sale
    tech

    IREN Boosts AI Capacity by 50% with Nvidia GPUs, Eyes $6 Billion Share Sale

    Data center operator IREN significantly expands its AI compute fleet with over 50,000 Nvidia GPUs, preparing for a substantial at-the-market share offering to fund growth.

    3mo ago 1 min read