{"id":960294,"date":"2026-05-07T18:59:53","date_gmt":"2026-05-07T22:59:53","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/iren-secures-3-4bn-ai-cloud-contract-with-nvidia\/"},"modified":"2026-05-07T18:59:53","modified_gmt":"2026-05-07T22:59:53","slug":"iren-secures-3-4bn-ai-cloud-contract-with-nvidia","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/iren-secures-3-4bn-ai-cloud-contract-with-nvidia\/","title":{"rendered":"IREN Secures $3.4bn AI Cloud Contract with NVIDIA"},"content":{"rendered":"
\n

NEW YORK, May 07, 2026 (GLOBE NEWSWIRE) — IREN Limited (NASDAQ: IREN) (\u201cIREN\u201d) today announced it has signed a five-year AI infrastructure cloud services contract with NVIDIA.<\/p>\n

Under the agreement, IREN will provide NVIDIA with access to managed GPU cloud services for its internal AI and research workloads, including orchestration and cluster management software in collaboration with Mirantis.<\/p>\n

The agreement will be serviced by air-cooled Blackwell platform systems to be deployed within approximately 60MW of IREN’s existing data centers at its Childress, Texas campus.<\/p>\n

The total value of the five-year contract is approximately $3.4 billion.<\/p>\n

\n Daniel Roberts, Co-Founder & Co-CEO of IREN, commented:<\/strong>\n <\/p>\n

\u201cWe are excited to further strengthen our partnership with NVIDIA through this agreement.<\/p>\n

This contract demonstrates our ability to deliver fully managed cloud solutions, not just bare metal, to a broad and growing customer base.\u201d<\/p>\n

\n About IREN<\/strong>\n <\/p>\n

IREN is a vertically integrated AI Cloud provider, delivering large-scale data centers and GPU clusters for AI training and inference. IREN\u2019s platform is underpinned by its expansive portfolio of grid-connected land and power in renewable-rich regions across North America, Europe and APAC.<\/p>\n

\n Contacts<\/strong>\n <\/p>\n

\n Investors<\/strong>
\n
ir@iren.com<\/p>\n

\n Media<\/strong>
\n
media@iren.com<\/p>\n

\n Forward-Looking Statements<\/strong>\n <\/p>\n

This news release contains \u201cforward-looking statements\u201d within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or IREN\u2019s future financial or operating performance. Forward-looking statements include information concerning possible or assumed future results of operations, including descriptions of our business plan and strategies, revenue targets and trends we expect to affect our business. These statements often include words such as \u201canticipate,\u201d \u201cbelieve,\u201d \u201cmay,\u201d \u201ccan,\u201d \u201cshould,\u201d \u201ccould,\u201d \u201cmight,\u201d \u201cplan,\u201d \u201cpossible,\u201d \u201cproject,\u201d \u201cstrive,\u201d \u201cbudget,\u201d \u201cforecast,\u201d \u201cexpect,\u201d \u201cintend,\u201d \u201ctarget\u201d, \u201cwill,\u201d \u201cestimate,\u201d \u201cpredict,\u201d \u201cpotential,\u201d \u201ccontinue,\u201d \u201cscheduled\u201d. Forward-looking statements may also be made, verbally or in writing, by members of our Board or management team in connection with this news release.<\/p>\n

These forward-looking statements are based on management\u2019s current expectations and beliefs. These statements are neither promises nor guarantees, but involve and are subject to known and unknown risks, uncertainties and other important factors that may cause IREN\u2019s actual results, performance or achievements to differ materially from any future results performance or achievements expressed or implied by the forward-looking statements, including IREN\u2019s ability to successfully execute on its growth strategies and operating plans, achieve its targeted annualized AI Cloud revenue, continue to develop its existing data center sites, design and deploy direct-to-chip liquid cooling systems, and diversify and expand into the market for high performance computing solutions (including the market for cloud services and potential colocation services, along with other important factors discussed under the caption \u201cRisk Factors\u201d in IREN\u2019s Annual Report on Form 10-K, filed with Securities and Exchange Commission (the \u201cSEC\u201d) on August 28, 2025 and our other filings with the SEC. These and other important factors could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any forward-looking statement included in this press release speaks only as of the date of such statement. Except as required by law, IREN disclaims any obligation to update or revise, or to publicly announce any update or revision to, any of the forward-looking statements, whether as a result of new information, future events or otherwise.<\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

NEW YORK, May 07, 2026 (GLOBE NEWSWIRE) — IREN Limited (NASDAQ: IREN) (\u201cIREN\u201d) today announced it has signed a five-year AI infrastructure cloud services contract with NVIDIA. Under the agreement, IREN will provide NVIDIA with access to managed GPU cloud services for its internal AI and research workloads, including orchestration and cluster management software in collaboration with Mirantis. The agreement will be serviced by air-cooled Blackwell platform systems to be deployed within approximately 60MW of IREN’s existing data centers at its Childress, Texas campus. The total value of the five-year contract is approximately $3.4 billion. Daniel Roberts, Co-Founder & Co-CEO of IREN, commented: \u201cWe are excited to further strengthen our partnership with NVIDIA through this agreement. This contract demonstrates our … <\/p>\n

Continue reading “IREN Secures $3.4bn AI Cloud Contract with NVIDIA”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-960294","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nIREN Secures $3.4bn AI Cloud Contract with NVIDIA - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/iren-secures-3-4bn-ai-cloud-contract-with-nvidia\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IREN Secures $3.4bn AI Cloud Contract with NVIDIA - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, May 07, 2026 (GLOBE NEWSWIRE) — IREN Limited (NASDAQ: IREN) (\u201cIREN\u201d) today announced it has signed a five-year AI infrastructure cloud services contract with NVIDIA. Under the agreement, IREN will provide NVIDIA with access to managed GPU cloud services for its internal AI and research workloads, including orchestration and cluster management software in collaboration with Mirantis. The agreement will be serviced by air-cooled Blackwell platform systems to be deployed within approximately 60MW of IREN’s existing data centers at its Childress, Texas campus. The total value of the five-year contract is approximately $3.4 billion. Daniel Roberts, Co-Founder & Co-CEO of IREN, commented: \u201cWe are excited to further strengthen our partnership with NVIDIA through this agreement. 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