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N Nvidia and IREN Limited announce a deal to deploy up to 5 gigawatts of next-generation AI infrastructure.
Nvidia and IREN will deploy up to 5 gigawatts of AI infrastructure using DSX architecture.
KEY POINTS
- 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
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