By DataCenterKnowledge
Publication Date: 2026-05-07 23:12:00
Nvidia has signed a strategic partnership with AI cloud and data center operator IREN to deploy up to 5 GW of DSX-aligned AI infrastructure across the company’s global pipeline. The deal underscores how the AI boom is reshaping the data center market around massive, vertically integrated infrastructure platforms.
The deal positions IREN’s 2 GW Sweetwater campus in Texas as a flagship deployment for Nvidia’s DSX AI factory architecture, a reference design that combines accelerated compute, networking, software, power, and operations for large-scale AI infrastructure.
Nvidia secured a five-year right to purchase up to 30 million shares of IREN stock at $70 per share, creating a potential $2.1 billion investment pathway subject to future conditions and regulatory approvals.
“AI factories are becoming foundational infrastructure for the global economy,” Nvidia founder and CEO Jensen Huang said in a statement. “Deploying these systems at scale requires deep integration across the full stack, compute, networking, software, power and operations.”
The announcement caps a pivotal week for IREN, which has accelerated its transition from bitcoin mining into AI infrastructure and cloud services.
Earlier this week, the company energized the first 1.4 GW phase of its Sweetwater campus and disclosed acquisitions of cloud software company Mirantis and Spain-based infrastructure provider Nostrum Group,…