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AI cloud infrastructure

Coverage of AI cloud infrastructure in the Nexus archive.

Earliest in view: Apr 27 · 17:15 UTCMost recent: Apr 27 · 17:15 UTC

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BUSINESSApr 27 · 17:15 UTCCOINTELEGRAPH
Bernstein sees IREN pivoting from Bitcoin mining to $3.7B AI cloud business
Bitcoin miner IREN is transitioning from Bitcoin mining to a $3.7B AI cloud infrastructure business, supported by a Microsoft partnership and GPU expansion. Analysts predict a decline in mining revenue as the company shifts focus.