Nvidia to invest up to $2.1 billion in IREN in partnership that deploys as much as 5 gigawatts of its AI infrastructure

Sherwoodnews
2026.05.08 07:25
portai
I'm LongbridgeAI, I can summarize articles.

Nvidia is set to invest up to $2.1 billion in IREN, partnering to deploy 5 gigawatts of AI infrastructure across data centers. As part of the deal, IREN issued Nvidia warrants allowing the purchase of 30 million shares at $70 each, expiring in five years. Additionally, Nvidia recently announced a $500 million investment in Corning to boost its fiber optics manufacturing capacity.