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Home/News Feed/IREN lands $3.4bn 5-year AI cloud contract with NVIDIA for GPU cloud services.

IREN

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IREN lands $3.4bn 5-year AI cloud contract with NVIDIA for GPU cloud services.

Market News

07 May 2026

GlobeNewsWire

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Bullish

IREN has signed a $3.4 billion, five-year contract with NVIDIA to provide managed GPU cloud services for AI and research workloads. The deal includes deployment of air-cooled Blackwell platform systems at IREN's Texas data centers. This partnership highlights IREN's capability to deliver comprehensive cloud solutions beyond just hardware. The contract strengthens their collaboration and supports NVIDIA's AI infrastructure needs going forward.

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