IREN jumps 16% after raising AI cloud revenue target above $4B

Bullish-32.40%
20 Jul, 15:20
Source: Cointelegraph

AI Summary

Bitcoin miner IREN surged 16% after raising its year-end AI cloud revenue target above $4 billion following $2.8 billion in new AI developer contracts.

IREN jumps 16% after raising AI cloud revenue target above $4B

The Bitcoin miner raised its year-end AI cloud revenue target to more than $4 billion after signing $2.8 billion in new contracts with AI developers.