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IREN expands its data center, AI operations to Australia with new deal. Bernstein shifts targets on three bitcoin miners. Bitcoin price slides.
IREN Limited (NASDAQ:IREN) has taken a major step forward in its artificial intelligence infrastructure strategy after signing a transmission connection agreement for a planned 800MW data center campus in South Australia. The project marks the company’s first publicly announced data center development in Australia and significantly expands its footprint in the Asia-Pacific region.
IREN is raising money, landing deals, and going up in the stock market faster and faster. Should you press the buy button?
Iren signed a transmission connection agreement for an 800-megawatt data center campus in South Australia
IREN secured a transmission connection agreement for an 800MW data center campus in Bundey, South Australia, marking its first Australian AI infrastructure project with energization expected from 2028.
Publicly traded Bitcoin miners are running away from Bitcoin, climbing on record demand for AI compute.
IREN raises its ARR target to $4.4 billion as a major Blackwell deployment supports expanded AI cloud capacity and growth plans.
HIVE Digital Technologies (NASDAQ:HIVE) reported sharp year-over-year revenue growth for its fiscal 2026 and used its earnings call to outline an expanded strategy centered on high-performance computing, artificial intelligence infrastructure and continued Bitcoin mining cash flow. President and Ch
Anthropic has filed for an IPO and Strategy finally sold bitcoin for the first time since 2022.
Anthropic has filed for an IPO and Strategy finally sold bitcoin for the first time since 2022.
IREN (NasdaqGS:IREN) is partnering with BE Networks to use NVIDIA DSX Air to digitally simulate and validate an upcoming deployment of more than 50,000 NVIDIA Blackwell Ultra GPUs. The partnership aims to create a digital twin of IREN's planned AI infrastructure before physical rollout to help reduce integration and deployment risk. IREN has closed a US$3.65b investment grade GPU financing facility, described as the first of its kind in the U.S. The financing is tied to IREN's AI cloud...
The facility is the highest publicly rated investment-grade GPU financing and the first in the U.S. private placement market, according to IREN. It supports a multibillion-dollar AI cloud buildout in…
We just covered From Fired Researcher to $13.7 Billion King: How Leopold Aschenbrenner Broke the Hedge Fund World and IREN Limited (NASDAQ:IREN) ranks 12th on this list. IREN Limited (NASDAQ:IREN) has consistently featured in the 13F portfolio of Situational Awareness LP since the first quarter of 2025. Back then, this position consisted of just 3.3 […]
This deal has bolstered investors' enthusiasm for the data center operator.
Dell Technologies (NYSE:DELL) reported what executives described as a record fiscal 2027 first quarter, driven by surging demand for AI servers, traditional servers, storage and commercial PCs, while warning that component supply remains the main constraint on further growth. Jeff Clarke said reven
IREN is leveraging its massive grid-connected power assets in Texas to secure high-margin artificial intelligence contracts and transform its valuation.
Robinhood now allows AI to trade for you, and IREN just purchased $1.6 billion worth of GPUs for AI workloads.
Bitcoin mining stocks surged as investors view miners as AI infrastructure providers rather than crypto-focused companies. Hut 8 shares have climbed nearly 600% year-over-year, while ...
The AI trade is heating up just in time for summer, and as we enter the month of June, the SpaceX IPO could crank up the heat several notches as a flood of investors finally get a chance to own a piece of Elon Musk’s space and AI empire. Who knows? It’s speculated that Tesla ... The Bitcoin-Miners-Turned-AI-Neocloud Plays Might Still Be an Underappreciated Trade in AI
Nebius stock was rising on the disclosure of a significant investment in the neocloud by a prominent artificial-intelligence bull.
Robinhood now allows AI to trade for you, and IREN just purchased $1.6 billion worth of GPUs for AI workloads.
Earlier this week, IREN Limited agreed to a roughly US$1.60 billion purchase of Dell systems using Nvidia’s Blackwell GPUs for its Childress, Texas data centers, aiming to support a previously announced five‑year US$3.40 billion managed AI cloud services contract and lift projected annualized run‑rate revenue from US$3.70 billion to US$4.40 billion by early 2027. The deal underlines how IREN’s access to next‑generation Nvidia hardware via Dell is becoming central to its effort to reposition...
IREN Ltd. (NASDAQ:IREN) is one of the 9 Stocks With Unbelievable Gains. IREN Ltd. saw its share prices grow by 13.48 percent on Wednesday to close at $67.84 apiece, as investor sentiment was boosted by the successful acquisition of Nvidia Blackwell systems—a move expected to bolster its annualized run-rate revenues (ARR) to $4.4 billion. In […]
The computing infrastructure provider is helping its customers build AI factories faster.
IREN has entered a $1.6 billion agreement with Dell to acquire Nvidia Blackwell GPUs.
IREN Pushes Deeper Into AI With $1.6 Billion Dell Hardware Purchase