Iren Secures $3.4 Billion AI Cloud Contract With Nvidia
Italian energy company Iren has secured a five-year, $3.4 billion contract to run Nvidia's internal workloads using data centers optimized for advanced AI computing. The partnership also includes an option for Nvidia to invest up to $2.1 billion in Iren at $70 per share as the firm deploys GPU-based infrastructure.
Topics: AI Data Centers Infrastructure Transition Partnership