This AI Stock Just Secured a Deal That Could Change Its Trajectory Forever

Iren (NASDAQ: IREN) just landed a strategic partnership with Nvidia (NASDAQ: NVDA), which could accelerate its efforts to build data centers optimized for advanced artificial intelligence (AI) workloads. The deal gives Iren a $3.4 billion AI cloud contract over five years to run Nvidia's internal workloads. It also supports Iren's plans to deploy up to 5 gigawatts of data center capacity powered by Nvidia hardware.For a business transitioning from Bitcoin mining to a leading AI cloud infrastructure provider, this deal validates that opportunity and could change Iren's growth trajectory forever.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool