Nvidia and IREN Partner on 5 GW AI Infrastructure Buildout
Nvidia has entered a partnership with data center operator IREN to develop 5 gigawatts of AI infrastructure. As part of the agreement, Nvidia secured a five-year option to purchase 30 million shares of IREN. The deal underscores the growing demand for energy-intensive computing resources to support artificial intelligence workloads.
Key facts
- Nvidia and IREN are partnering to build 5 GW of AI infrastructure.
- Nvidia obtained a 5-year option to buy 30 million IREN shares.
- The partnership focuses on deploying data center capacity for AI.
- IREN is a data center operator.
- The deal highlights increasing infrastructure needs for AI.
Entities
Institutions
- Nvidia
- IREN
Sources
- Quartz —