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The Nexus
BUSINESSJul 20 · 16:15 UTCMARKETWATCHChristine Ji

Iren’s stock surges as the neocloud lands $2.8 billion worth of new deals

Iren's stock surged following neocloud's $2.8 billion in new deals. The AI infrastructure provider is addressing concerns about data-center costs by securing new customers and prepayments for chips.

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IRENorganizationneocloudorganizationAI infrastructure providertopicdata-center build-out coststopicnew customerstopicprepayments for chipstopic
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