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Nvidia will invest up to $2.1 billion in data center company IREN as part of an AI infrastructure deal. The investment ties Nvidia directly to a committed operator of AI compute facilities, securing future hardware demand while boosting IREN's expansion capital.
Allbirds announced a full business pivot to AI compute infrastructure, rebranding as NewBird AI and securing a $50 million facility to purchase GPUs. The news sent shares up nearly 600% in a single session, reflecting speculative demand for AI-linked equities regardless of operational track record.
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Nvidia will invest up to $2.1 billion in data center company IREN as part of an AI infrastructure deal. The investment ties Nvidia directly to a committed operator of AI compute facilities, securing future hardware demand while boosting IREN's expansion capital.
1mo ago · 2 min · Technology
Allbirds announced a full business pivot to AI compute infrastructure, rebranding as NewBird AI and securing a $50 million facility to purchase GPUs. The news sent shares up nearly 600% in a single session, reflecting speculative demand for AI-linked equities regardless of operational track record.
2mo ago · 1 min · Markets
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