By Anushka Basu
Publication Date: 2026-10-11 09:52:00
IREN said it provides virtualized GPU environments for multi-tenant workloads and bare-metal clusters to maximize performance.
- IREN said Mirantis completed NVIDIA-certified hypervisor validation for its k0rdent AI virtualization stack on NVIDIA GB200 systems.
- SemiAnalysis said last week that IREN overstated aspects of its AI infrastructure business, citing operational challenges at its British Columbia sites.
- AI cloud revenue surpassed mining revenue for the first time, and IREN is to complete its transition away from Bitcoin mining by Dec. 2026.
IREN Ltd. (IREN) said its software subsidiary, Mirantis, has completed validation of its k0rdent AI virtualization stack on Arm-based Nvidia (NVDA) GB200 systems for the Nvidia-Certified Hypervisor on Saturday.
“As an inaugural partner of the NVIDIA AI Cloud Ready Initiative, Mirantis has completed NVIDIA-Certified Hypervisor validation for k0rdent AI’s virtualization stack on Arm-based NVIDIA GB200 systems,” the firm wrote in a post on X.
The company told investors the results proved virtualized environments can deliver near bare-metal performance while maintaining customer separation at the hardware level.
This comes on the heels of a report by SemiAnalysis, a research firm, that IREN had overstated that part of its business in its annual report.
What IREN Told Investors
IREN said that engineering teams could decide between two software options — virtualization for secure multi-tenant environments, or…
