Iren is expanding its international footprint, announcing a new campus in Australia, acquiring sites in Europe and Oklahoma, and leveraging its data center in Texas and a partnership with Nvidia.

The entities involved

• IREN →

  Australian data center company

  • IREN is listed on the NASDAQ stock exchange, concurrent with the announcement of a landmark five-year deal valued at $9.7 billion.Mon 13:46
  • IREN is operating bitcoin mining data centers and focusing on bitcoin mining using immersion technology.Mon 00:46
• Nvidia →

  American multinational technology company

  • Apple is utilizing TSMC for advanced chip manufacturing, a trend observed alongside market pricing pressures affecting sales volume.Mon 17:45
  • A market sell-off hit major chip companies (AMD, Intel, Micron, Samsung, Nvidia) as the AI trade cooled and investors entered risk-off mode.Mon 17:34
• Europe →

  terrestrial continent located in north-western Eurasia

  • The European Commission aims to strengthen homegrown AI capabilities while global advanced models face usage restrictions.Mon 17:49
  • The European Central Bank is forced to raise interest rates due to energy price shocks from the Iran war and an influx of Chinese exports.Mon 17:49

Related events

• IREN is pivoting from Bitcoin mining to AI infrastructure, utilizing Nvidia systems and partnering with Microsoft and Dell.Aug 14
• IREN announced a strategic partnership with NVIDIA and secured a $9.7 billion cloud services contract with Microsoft.Jul 20