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.