Browsing Tag
Mackenzie
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IREN secures $2.4bn GPU financing at 9% as AI Cloud ARR reaches $1bn
IREN has secured $2.4 billion of GPU financing for its Mackenzie AI campus at a 9% fixed rate, funding about 90% of associated GPU capex as operating AI Cloud ARR reaches $1 billion and contracted 2026 ARR approaches $4 billion.