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Nvidia Blackwell GPUs

IREN Limited AI Cloud Revenue Surpasses $500 Million Target

IREN Limited AI cloud revenue is on a remarkable growth trajectory, with projections indicating that it could surpass $500 million in annualized revenue by Q1 2026.The company recently secured multi-year cloud contracts that leverage advanced Nvidia Blackwell GPUs, showcasing its commitment to expanding its artificial intelligence cloud segment.

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