NasdaqGS:IRENSoftware
IREN Rethinks Bitcoin Roots With Global AI Cloud And NVIDIA Backing
IREN (NasdaqGS:IREN) has agreed a partnership with NVIDIA to deploy up to 5GW of AI infrastructure globally, with NVIDIA holding a right to invest up to $2.1b.
The company announced the $625m acquisition of cloud software provider Mirantis to support delivery of integrated AI cloud solutions.
IREN also acquired Spain based Nostrum Group, adding nearly 500MW of grid connected capacity and marking its entry into Europe.
For investors tracking NasdaqGS:IREN, the company is shifting from a pure...