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IREN Secures $3.4bn AI Cloud Contract with NVIDIA

May 07, 2026 18:35 ET | Source: IREN NEW YORK, May 07, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced it has

Cali Reporter staff · May 7, 2026
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IREN Secures $3.4bn AI Cloud Contract with NVIDIA
IREN Secures $3.4bn AI Cloud Contract with NVIDIA

May 07, 2026 18:35 ET | Source: IREN NEW YORK, May 07, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced it has signed a five-year AI infrastructure cloud services contract with NVIDIA. Under the agreement, IREN will provide NVIDIA with access to managed GPU cloud services for its internal AI and research workloads, including orchestration and cluster management software in collaboration with Mirantis.

The agreement will be serviced by air-cooled Blackwell platform systems to be deployed within approximately 60MW of IREN's existing data centers at its Childress, Texas campus. The total value of the five-year contract is approximately $3.4 billion.

Original reporting: GlobeNewswire.

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