IREN as well said Tuesday it has signed additional
multiyear cloud services contracts with AI companies for Nvidia
(NVDA) Blackwell graphics processing units deployments.
The company said it continues to expect to achieve more than
$500 million in annualized run-rate revenue from the 23,000 GPUs
currently operating and on order by the end of Q1 2026.
Customer contracts have been received for 11,000 of the 23,000
GPUs, marking roughly $225 million in AI Cloud annualized run-rate
revenue, anticipated to be operating by the end of this year, Iren
added.
IREN is like CRWV, but with its own gigawatts. Gigawatts
are the new gold rush. Even crappy AES is getting bought for
their GW. Imagine with IREN will be worth as it signs deals,
is it worth more or less than CRWV that has minimal GW locked
in?
BITF—moving some. Decent Vol. I’m focused
Posted by shellson2 on 7th of Oct 2025 at 08:30 am
BITF—moving some. Decent Vol.
I’m focused on more Canadian equities in short term.
IREN as well said Tuesday
Posted by kalkgrun on 7th of Oct 2025 at 08:45 am
IREN as well said Tuesday it has signed additional multiyear cloud services contracts with AI companies for Nvidia (NVDA) Blackwell graphics processing units deployments.
The company said it continues to expect to achieve more than $500 million in annualized run-rate revenue from the 23,000 GPUs currently operating and on order by the end of Q1 2026.
Customer contracts have been received for 11,000 of the 23,000 GPUs, marking roughly $225 million in AI Cloud annualized run-rate revenue, anticipated to be operating by the end of this year, Iren added.
IREN is like CRWV, but
Posted by jared95 on 7th of Oct 2025 at 09:09 am
IREN is like CRWV, but with its own gigawatts. Gigawatts are the new gold rush. Even crappy AES is getting bought for their GW. Imagine with IREN will be worth as it signs deals, is it worth more or less than CRWV that has minimal GW locked in?
Spot on. I was even
Posted by kalkgrun on 7th of Oct 2025 at 09:22 am
Spot on. I was even poking around this Terrestrial SPAC