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Data center firm IREN signs new deal with frontier AI lab; quarterly loss hits shares

IREN shares fell more than 7% in extended trading after the company swung to a quarterly loss, driven by costs tied to retiring bitcoin mining hardware as it shifts to AI cloud services.

Data center firm IREN signs new deal with frontier AI lab; quarterly loss hits shares

We haven't written up this one. Economic Times Tech has the full story — the link below goes straight to it.

Read the original at economictimes.indiatimes.com →

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