Topic: grid interconnects

NVIDIA takes $2.1bn IREN stake in 5GW AI data-centre deal

NVIDIA committed up to $2.1 billion to IREN through a strategic partnership, using a five-year warrant for shares rather than a direct equity raise, with the chipmaker gaining both partner and shareholder status. The deal prioritizes IREN's Sweetwater campus in Texas, which already has 2GW of pla...