According to Foresight News, data center operator and Bitcoin mining company IREN Limited announced on Monday that it has invested approximately $670 million in purchasing GPUs from NVIDIA and AMD. This strategic move aims to accelerate the growth of its artificial intelligence cloud business. Following the announcement, the company's stock saw a pre-market increase of nearly 10%.
IREN Limited Invests $670 Million in GPUs to Boost AI Cloud Growth
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