# N Nvidia and IREN Limited announce a deal to deploy up to 5 gigawatts of next-generation AI infrastructure.

*semiconductor · news · 2026-05-08 · Decrypt*

## Key points

- Nvidia and IREN will deploy up to 5 gigawatts of AI infrastructure using DSX architecture.
- Nvidia has a five-year option to buy 30 million IREN shares at $70 each.
- IREN will provide Nvidia with $3.4 billion in managed GPU cloud services over five years.
- IREN is acquiring Ingenostrum, boosting its power portfolio to 5 gigawatts for the Nvidia partnership.
- IREN's total AI infrastructure commitments now exceed $15 billion across Nvidia and Microsoft partnerships.

**Companies:** Nvidia, IREN Limited, Dell Technologies
**Countries:** United States, Spain

[Read the full story on Decrypt](https://decrypt.co/367289/bitcoin-miner-iren-secures-3-4-billion-nvidia-ai-deal)

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