Bitcoin Miner IREN Secures $3.4 Billion Nvidia AI Deal, With $2.1 Billion Share Option

8 May, 17:02
Source: Decrypt

AI Summary

Nvidia secures rights to invest up to $2.1 billion in Bitcoin miner IREN as part of a $3.4 billion AI compute capacity deal, signaling strong demand for AI infrastructure.

Nvidia gains rights to invest up to $2.1 billion in IREN as companies race to lock down massive AI compute capacity.