IREN Stock Soars Amid AI Partnership Boom

Shares of IREN Ltd., a company specializing in bitcoin mining operations, experienced a notable surge on Wednesday morning. The upward movement followed the announcement of a long-term agreement with leading artificial intelligence (AI) companies to utilize NVIDIA’s Blackwell GPUs for their AI cloud services. This strategic shift marks a significant expansion into the burgeoning field of AI infrastructure. 📈 The deal was hailed by analysts who believe it will enable IREN to capitalize on the growing demand for AI services.