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IREN doubles down on AI cloud with fresh Nvidia GPU haul

Bitcoin and AI data center operator IREN has purchased another 4,200 Nvidia Blackwell B200 GPUs, lifting its Prince George facility’s fleet to 8,500 units. The move underscores IREN’s pivot from crypto mining to AI cloud services, backed by $102 million in fresh financing. With six data centers and nearly 3GW of capacity, IREN is positioning itself to capture soaring enterprise demand for high-performance AI infrastructure.

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