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The Block·Kyle Baird·1h ago

IREN delivers first of four AI cloud deployments to Microsoft under $9.7 billion deal

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IREN is targeting 480 MW of AI cloud capacity in 2026 and 1.2 gigawatts by 2027 as it continues to pivot away from bitcoin mining.

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💬 Discussion: IREN delivers first of four AI cloud deployments to Microsoft under $9.7 billion deal IREN is targeting 480 MW of AI cloud capacity in 2026 and 1.2 gigawatts by 2027 as it continues to pivot away from bitcoin mining.

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