NVIDIA and IREN Announce Strategic Partnership to Accelerate Deployment of up to 5 Gigawatts of AI Infrastructure
May 7, 2026 NVIDIA (NASDAQ: NVDA) and IREN Limited (NASDAQ: IREN) (“IREN”) today announced a strategic partnership to accelerate deployment

May 7, 2026 NVIDIA (NASDAQ: NVDA) and IREN Limited (NASDAQ: IREN) (“IREN”) today announced a strategic partnership to accelerate deployment of next-generation AI infrastructure. As part of the partnership: NVIDIA and IREN intend to support deployment of up to 5 gigawatts of NVIDIA DSX-aligned AI infrastructure across IREN’s global data center pipeline over time.
NVIDIA and IREN will collaborate on deployment of NVIDIA accelerated compute in DSX AI factories to expand access to AI-native, startup and enterprise customers. As part of the partnership, IREN issued to NVIDIA a five-year right to purchase up to 30 million shares of ordinary stock at an exercise price of $70 per share, resulting in a right to invest up to $2.1 billion, subject to certain conditions including regulatory.
Original reporting: Nvidia.com.
More in Business
- IMF Chief Warns of Economic Divergence and Debt Risks Amid Artificial Intelligence Boom
Kristalina Georgieva suggests that while AI could significantly boost global growth, it simultaneously threatens to widen inequality and exacerbate inflationary pressures and public debt burdens.
- California Limits Utility Profits and Expands Home Energy Role
Gov. Gavin Newsom signed laws capping utility returns on lower-risk projects and accelerating virtual power plant development.
- Lyft to Pay $272.5 Million in Record California Wage-Theft Settlement
Largest such settlement in state history resolves claims that Lyft misclassified drivers as independent contractors from 2016 to 2020, denying them core wage protections.

