Business ❯ Corporate Strategy ❯ Partnerships ❯ Strategic Alliances

Market Positioning

Nvidia Backs IREN With 5 GW AI Buildout and $3.4 Billion Cloud Contract

The deal signals IREN’s shift from bitcoin mining to a managed AI cloud with clearer revenue visibility.

OpenAI Nears First Close of $100 Billion-Plus Round as Nvidia Weighs $30 Billion Stake