Microsoft signed a $9.7 billion deal with IREN for Nvidia chips and data centre capacity, and expanded its Lambda partnership ...
Jim Chanos warns IREN is taking "all the risk" in Microsoft AI deal, claiming it will "decrease EPS" with returns below its cost of capital.
As a result, Bitcoin miners are turning to greener pastures. With miners already having amassed substantial computing power, pivoting their infrastructure to address power-hungry AI’s growing demand ...
IREN secured a $9.7 billion, five-year AI Cloud contract with Microsoft covering 200MW and 20% upfront payment. Read why IREN ...
Bitcoin mining platform turned AI data center infrastructure provider, IREN, announced that it successfully secured a 5-year ...
MARA CEO Fred Thiel said on an earnings call that the company would be looking to expand its services for AI computing.
IREN Limited (NASDAQ: IREN), a Bitcoin (BTC) mining and AI cloud company, signed a $9.7 billion GPU cloud services contract ...
A severe server DRAM shortage, fueled by the AI arms race, has led to 50% price hikes and left hyperscalers with only 70% of ...
Analysts at Bernstein rose their target price for former Bitcoin miner IREN to $125 after it signed a $9.7 billion deal with ...
Even as tech stocks move lower on Tuesday, big tech companies are moving ahead with their spending on AI. On Monday, Amazon and OpenAI announced a $38 billion deal. Meanwhile, Microsoft inked a $9.7 ...
IREN Limited's $9.7B Microsoft deal and Sweetwater hub expansion could boost AI cloud growth and GPU capacity. Click for my ...
The bitcoin miner turned AI infrastructure play received three price target raises following yesterday's news, including from ...
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