AI compute demand stories

Nvidia to Invest Up to $2.1 Billion in IREN as Part of AI Data Center Partnership

Nvidia announced a strategic partnership with data center operator IREN that includes an investment of up to $2.1 billion and plans to deploy up to 5 gigawatts of AI infrastructure to meet surging demand for artificial intelligence computing power. IREN shares initially surged in extended trading before giving back most gains.