AI Cloud ExpansionIREN's growth is fully funded, with a significant portion of the total purchase price for the GPUs already leased and a strong cash position.
PartnershipsIREN has secured NVIDIA Preferred Partner status, enhancing access to new GPUs and attracting more customers to its HPC/AI verticals.
Revenue GrowthManagement expects to reach $200M-$250M in annualized Cloud Services revenue by YE25, up from ~$26M today.