Bitcoin Miner IREN Secures $3.4 Billion Nvidia AI Deal, With $2.1 Billion Share Option

In brief

• Nvidia and IREN Limited announced a $3.4 billion cloud services deal, with plans to deploy up to 5 gigawatts of AI infrastructure using Nvidia’s DSX architecture.
• Nvidia received a five-year option to purchase up to 30 million IREN shares at $70 per share, representing potential…