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Cryptocurrency
from24/7 Wall St.
2 days ago

IREN's $6 Billion Stock Offering: Is This AMC Entertainment 2.0 for the AI Era?

IREN expanded its ATM equity offering to $6 billion, roughly half its market cap, causing an 8.5% stock decline due to dilution concerns as the company scales AI infrastructure investments.
Artificial intelligence
fromFortune
5 months ago

Nvidia and OpenAI partnership is a catalyst for enterprise AI growth, says Wedbush's Dan Ives | Fortune

OpenAI and Nvidia will deploy at least 10 gigawatts of Nvidia-powered systems and Nvidia may commit up to $100 billion to advance enterprise AI infrastructure.
Artificial intelligence
fromIT Pro
5 months ago

Why Nvidia's $100 billion deal with OpenAI is a win-win for both companies

Nvidia will invest up to $100 billion in OpenAI as OpenAI deploys at least 10 gigawatts of Nvidia systems to build massive AI clusters.
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