"The acquisition of Mirantis builds on IREN's existing software, engineering and customer support capabilities, enhancing how compute is deployed, managed and operated for customers. As deployments grow, ensuring reliable provisioning, monitoring and support becomes increasingly important. Mirantis strengthens these capabilities with deep experience in cloud infrastructure and enterprise operations."
"Mirantis made its name developing open source cloud infrastructure, such as its OpenStack distribution, hyperconverged appliances, and Kubernetes tools. In 2025, the company introduced the k0rdent AI platform, a tool for automating deployment of AI infrastructure."
"IREN initially built facilities in the Canadian province of British Columbia, then branched out to build bit barns in Texas and Oklahoma. The company now operates six datacenters, says it offers 810 megawatts of compute capacity, has 2,100 MW under construction, 1,600 MW in development, and has secure agreements to tap more than 4.5 GW worth of juice."
IREN, a former bitcoin mining company, has acquired Mirantis, an open-source cloud infrastructure specialist, to develop an integrated AI platform. IREN operates six datacenters with 810 megawatts of capacity and has secured agreements for over 4.5 gigawatts of power. The company transitioned from cryptocurrency mining to generative AI by acquiring Nvidia GPUs. Mirantis, known for OpenStack distributions and Kubernetes tools, will maintain independent operations while supporting IREN's cloud deployments. The combined entity aims to simplify AI infrastructure deployment and management. Microsoft has committed $9.7 billion for GPU access over five years, validating IREN's infrastructure strategy.
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