TokenPost topic
Data centers
57 TokenPost stories are tagged Data centers. The newest appear first.
Latest Data centers stories
- IREN Jumps 30% After Securing $2.8 Billion AI Cloud Deals With Microsoft, Nvidia
IREN surged over 30% after signing $2.8 billion in AI cloud agreements with Microsoft and Nvidia, highlighting its shift from Bitcoin mining to AI infrastructure.
· Business
- Naver, SK Telecom Push Gigawatt-Scale AI Data Centers With Nvidia, Brookfield
Naver and SK Telecom are advancing gigawatt-scale AI data center projects with Nvidia and Brookfield, signaling Korea’s push to secure global AI infrastructure competitiveness.
· Business
- Iris Energy Shares Drop 38% as Bitcoin Miner Bets on AI Pivot
Iris Energy (IREN) shares fell sharply as the firm pivots from Bitcoin mining to AI data centers, with investors weighing execution risks against long-term AI demand.
· Business
- IREN Shifts From Bitcoin Mining to AI Data Centers With Microsoft, NVIDIA Deals
IREN is pivoting from Bitcoin mining to AI cloud infrastructure through major deals with Microsoft and NVIDIA to build large-scale data center capacity.
· Business
- IREN Gains Attention as $9.7 Billion Microsoft Deal Fuels AI Pivot
IREN is shifting from Bitcoin mining to AI infrastructure, backed by a $9.7 billion Microsoft deal and Nvidia partnership, driving investor attention and valuation debate.
· Business
- IREN Shifts From Bitcoin Mining to AI Data Centers With $3.65 Billion Microsoft Deal
IREN is pivoting from Bitcoin mining to AI data center infrastructure, backed by a $3.65 billion Microsoft deal driving investor optimism and revaluation of its business model.
· Business
- Naver Shares Gain Focus as Nvidia AI Data Center Push Drives Re-Rating Outlook
Naver’s valuation outlook improves as DS Investment raises its price target following a major AI data center partnership with Nvidia and clearer revenue visibility.
· Business
- IREN Secures $3 Billion, Acquires Awaken to Accelerate AI Pivot
IREN acquired Awaken and raised $3 billion in convertible notes to accelerate its shift from Bitcoin mining to AI infrastructure and global expansion.
· Business
- IREN Shifts From Bitcoin Mining to AI Cloud With $3.7 Billion Revenue Target
IREN is pivoting from Bitcoin mining to AI cloud infrastructure backed by major deals with Nvidia and Microsoft while targeting $3.7 billion in annual revenue.
· Business
- IREN Raises $3 Billion via Convertible Notes to Expand AI Data Center Push
IREN secured $3 billion through convertible notes to fund AI data centers and GPU cloud expansion tied to its Nvidia partnership.
· Business
- IREN Plans $2.3 Billion Convertible Notes Offering, Shares Slide Despite NVIDIA Deal
IREN announced plans to raise up to $2.3 billion via convertible notes, sending shares lower despite a recent $3.4 billion AI cloud deal with NVIDIA.
· Business
- IREN Powers 1.4 Gigawatt Texas Data Center, Accelerating AI Infrastructure Push
IREN energized its 1.4-gigawatt Sweetwater 1 data center in Texas, advancing its shift from Bitcoin mining to AI-focused infrastructure and cloud services.
· Business
- IREN Delivers 1.4 Gigawatts to Texas Data Center, Advancing AI Infrastructure Push
IREN has begun delivering 1.4 gigawatts of power to its Sweetwater 1 site in Texas, strengthening its position in scaling AI-focused data center infrastructure.
· Business
- IREN Shares Swing as Bitcoin Miner’s AI Pivot Raises Funding Concerns
IREN shares surged but turned volatile as investors weighed its shift from Bitcoin mining to AI infrastructure alongside a potential $6 billion capital raise and dilution risks.
· Business
- IREN Expands ATM Program to $6 Billion to Fund Bitcoin Mining Growth
IREN raised its at-the-market equity program to $6 billion to finance Bitcoin mining and data center expansion amid rising capital demands.
· Business
- IREN Gains Institutional Interest as It Pivots From Bitcoin Mining to AI Infrastructure
IREN is attracting institutional investors including Discovery Capital as it shifts from crypto mining to AI infrastructure backed by long-term deals like Microsoft’s $9.7 billion contract.
· Business
- IREN Shifts to AI Cloud as Bitcoin Mining Losses Pressure Margins
IREN is pivoting from loss-making Bitcoin mining to AI cloud infrastructure, aiming to scale GPU capacity and reach $3.7 billion in AI revenue by 2026.
· Business