Business
IREN Secures $3.4bn AI Cloud Contract with NVIDIA
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 approxima
About this update from Iren Limited
[{"type":"image","alt":"IREN","displaySize":"","headline":null,"caption":"IREN","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":157,"url":"https://media.zenfs.com/en/globenewswire.com/2336f1de472da3dcc7389fbfff825e40"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/7kGzTP6zeVCFShUkAR8oVw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTIyMA--/https://media.zenfs.com/en/globenewswire.com/2336f1de472da3dcc7389fbfff825e40","width":300,"height":157}},"lazy":false},{"type":"text","content":"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.","length":176,"tagName":"p"},{"type":"text","content":"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.","length":219,"tagName":"p"},{"type":"text","content":"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.","length":180,"tagName":"p"},{"type":"text","content":"The total value of the five-year contract is approximately $3.4 billion.","length":72,"tagName":"p"},{"type":"text","content":"Daniel Roberts, Co-Founder & Co-CEO of IREN, commented:","length":59,"tagName":"p"},{"type":"text","content":"“We are excited to further strengthen our partnership with NVIDIA through this agreement.","length":89,"tagName":"p"},{"type":"text","content":"This contract demonstrates our ability to deliver fully managed cloud solutions, not just bare metal, to a broad and growing customer base.”","length":140,"tagName":"p"},{"type":"text","content":"About IREN","length":10,"tagName":"p"},{"type":"text","content":"IREN is a vertically integrated AI Cloud provider, delivering large-scale data centers and GPU clusters for AI training and inference. IREN’s platform is underpinned by its expansive portfolio of grid-connected land and power in renewable-rich regions across North America, Europe and APAC.","length":290,"tagName":"p"},{"type":"text","content":"Contacts","length":8,"tagName":"p"},{"type":"text","content":"[email protected]","length":21,"tagName":"p"},{"type":"text","content":"Mediam...