Key Takeaways IREN raised its year-end artificial intelligence (AI) Cloud target above $4B, with 85% already secured by contracts. Microsoft and NVIDIA deals show AI compute demand outpacing supply into 2027. IREN plans 480MW in 2026 and 1.2GW in 2027, backed by $7.6B in cash. Microsoft and NVIDIA Help IREN Lock 85% of its New $4B AI Revenue Target IREN has increased its year-end AI Cloud annualized run-rate revenue target to more than $4 billion, up from $3.7 billion, as demand for computing capacity continues to outpace supply. The Nasdaq-listed company said about 85% of the new target is now …
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WLD has climbed about 4.5% to $0.37 after Grayscale filed with the US Securities and Exchange Commission to launch an ETF holding the World Network …