Daniel Roberts said customer prepayments and debt should fund most of IREN’s FY27 buildout, while its unencumbered data ...

NVIDIA posted a blowout fiscal second quarter, with revenue doubling year-over-year to $96.2 billion, driven by data center ...

President Trump signed Executive Order 14420 on Wednesday, declaring a national emergency over foreign-made equipment in the ...

The planned 50 MW deployment gives Applied Digital exposure to a Microsoft-backed compute project, but financing, project economics and the long-term ownership structure remain unresolved.

The accounts amplified claims about household electricity costs and grid strain, but X did not connect the operation to local ...

IREN’s contracted revenue and GPU rental rates are climbing, but Needham said the operator’s $25 billion to $30 billion ...

The bank focused on rising AI contract pricing, $4 billion of contracted ARR and financing that covers most GPU spending, while identifying a multibillion-dollar FY27 funding gap.

AI Cloud revenue more than doubled sequentially and surpassed mining revenue, but hardware impairments pushed IREN deep into the red ahead of further GPU installations.

IREN has identified $22 billion of existing and targeted funding for its FY27 spending plan as it works to bring more than $4 ...