Tag : AI Cloud

Artificial Intelligence Economy Finance Fintech Guest Posts

The AI Gold Rush Meets the Cloud Cost Trap

Ed Barrow
​​AI is being sold as a growth engine, but for CFOs it’s a crisis in disguise AI is being hailed as the ultimate growth driver, but its economics are completely upside down for CFOs. Traditional SaaS follows a beautiful formula: build once, then serve each incremental user at near-zero marginal......
IREN Expands AI Cloud to 10.9k GPUs, with NVIDIA Preferred Partner Status and Additional Financing Secured
Artificial Intelligence Finance News

IREN Expands AI Cloud to 10.9k GPUs, with NVIDIA Preferred Partner Status and Additional Financing Secured

GlobeNewswire
IREN Limited  announced it has secured NVIDIA Preferred Partner status and procured an additional 1.2k air-cooled NVIDIA B300s and 1.2k liquid-cooled NVIDIA GB300s for approximately $168m,1 expanding its total GPU fleet to 10.9k NVIDIA GPUs. IREN has secured approximately $96m in financing to support the purchase of the GB300s.1 The financing is......
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