IREN (NasdaqGS:IREN) has secured $3.6b in GPU financing supported by leading global banks. The company aligned this funding with a $1.9b customer prepayment tied to a $9.7b AI contract with Microsoft.

Most organizations will, sooner or later, have to find a way to navigate this market as GPUs are set to play a critical role.

In the past week, IREN reported Q2 FY26 results showing a shift away from Bitcoin mining toward AI cloud infrastructure, underpinned by its multi-year US$9.70 billion Microsoft contract, US$3.60 ...

Q2 2026 Management View Daniel Roberts, Co-Founder and Co-CEO, stated that "Fiscal Quarter 2 was an important quarter for ...

Iren Limited is executing a strategic pivot from Bitcoin mining to contracted AI infrastructure, with AI Cloud revenue up 136 ...

IREN secures $3.6b in GPU financing to support its multi billion dollar AI contract with Microsoft. The company announces a new 1.6GW data center campus in Oklahoma, taking total secured power ...

NasdaqGS:IREN has agreed a reported $9.7b supply deal with Microsoft tied to its AI cloud data center operations. The company is shifting its core focus from Bitcoin mining toward high performance AI ...

In 2026, cloud mining is reaching a new stage. With soaring energy prices and hardware scarcity shifting more and more ...

CoreWeave’s shift from crypto mining to AI infrastructure highlights a broader trend in which former miners and new entrants ...

TL;DR: European prosecutors are investigating Northern Data for allegedly misusing $586 million worth of NVIDIA AI GPUs, claiming tax breaks for AI use while potentially mining cryptocurrency. The ...

One of the great attractions of investing in the stock market is that it doesn’t require a large sum to get started. With the magic of time and the power of compound interest, even small amounts ...