IREN has been shifting its focus to the AI infrastructure business, and its AI cloud revenue rose 182% in the past quarter to $200 million.
IREN’s bitcoin mining revenue drops 58% as firm plans full exit by year-end
IREN has been shifting its focus to the AI infrastructure business, and its AI cloud revenue rose 182% in the past quarter to $200 million.
Some links on this page are affiliate links. We may earn a commission if you sign up, at no extra cost to you.
AI summary
Related news
Hollywood Studios Ban Employees From Prediction Market Betting: Report
Movie studios and production companies are warning employees not to bet on prediction markets using what they know about casting, release dates, and earnings, The Hollywood…
Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.
Crypto Industry Faces New Threat as Warren Eyes Powerful Senate Role
The crypto industry could face tougher regulatory scrutiny as longtime critic Elizabeth Warren is poised to chair the powerful Senate Banking Committee.