Guavy AI Editorial TeamSentiment: 4Clout: 60

IREN Partners with NVIDIA on $3.4 Billion AI Cloud Deal

Nasdaq-listed IREN has announced its latest financial report, revealing a significant partnership with technology giant NVIDIA.

The company has signed a $3.4 billion AI cloud contract with the renowned tech firm, marking a major development in their strategy to transform bitcoin mining operations.

The agreement will see IREN deploy air-cooled Blackwell GPU infrastructure provided by NVIDIA over the course of five years.