Microsoft and NVIDIA Help IREN Lock 85% of its New $4B AI Revenue Target IREN has increased its year-end AI Cloud annualized …
IREN
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Bitcoin miner IREN’s shares rose around 15.7% on Monday after the company raised its year-end AI cloud annualized run-rate revenue target to …
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Markets
AI compute stocks bounce as Hut 8, IREN land billions in new contracts
by shayaanby shayaanThe deals sparked a rebound in AI compute stocks after investors questioned demand for new data center capacity. www.coindesk.com
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Top neocloud stocks are in a freefall, erasing billions of dollars in value as concerns about AI spending emerge. IREN stock dropped …
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The compensation committee at IREN Limited decided to load up on stock payouts just as the company’s last quarterly filing showed red …
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IREN Limited has finalized its acquisition of Ingenostrum, S.L. (Nostrum Group), establishing a presence in Europe through the purchase of the Spanish …
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Mining
IREN adds 4% premarket as company unveils 800MW Australian AI data center campus
by shayaanby shayaanIREN (IREN) shares rose more than 4% in pre-market trading on Wednesday after the company announced plans for an 800-megawatt data center …
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Mining
Iren closes $3.65B GPU-backed financing to fuel AI data center expansion under Microsoft deal
by shayaanby shayaanNasdaq-listed Bitcoin miner Iren Limited, formerly known as Iris Energy, has finalized a $3.65 billion financing round structured around its GPU assets, …
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Finance
IREN shares jumps on $1.6 billion Dell deal to expand AI cloud business
by shayaanby shayaanIREN shares rose 4% in pre-market trading after the company entered a $1.6 billion purchase agreement with Dell Technologies for air-cooled Blackwell …
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Markets
IREN co-founder says AI’s biggest bottleneck is infrastructure, not chips
by shayaanby shayaanDan Roberts outlines IREN’s strategy to build a vertically integrated AI platform spanning power, data centers, GPUs and enterprise software. www.coindesk.com