Published May 7, 2026, 4:50 PM ET · Updated 6 months ago · 3 sources
Nvidia to Invest Up to $2.1 Billion in Data Center Firm IREN
bloomberg
·
Original Report
INFERY
Nvidia Corp. is investing up to $2.1 billion in data center developer IREN Ltd. to accelerate AI infrastructure construction. The partnership involves Nvidia receiving a five-year right to purchase up to 30 million IREN shares at $70 each. They will jointly deploy large-scale data centers, utilizing Nvidia's equipment and IREN's expertise in land and power acquisition, focusing on IREN's 2-gigawatt Texas campus.