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IREN and Wingspire Complete $363 Million AI Compute Financing

IREN and Wingspire Complete $363 Million AI Compute Financing

Photo: TokenPost

IREN Limited and Wingspire Equipment Finance finalized a $363 million deal involving equipment for high-density AI computing, as IREN grows its AI cloud business. IREN has a $9.7 billion agreement with Microsoft to deploy AI cloud infrastructure. The company has also disclosed about $3.6 billion in GPU financing for its Microsoft contract and $2.4 billion at a fixed 9% rate for its Mackenzie expansion, detailed in earlier coverage of IREN’s AI financing . John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost

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