Blue Owl led IREN’s $2.4 billion AI computing power funding round, with the funds to be used for purchasing NVIDIA Blackwell Ultra GPUs.
2026.08.29 10:26:37
Beating AI News Flash: Alternative asset management firm Blue Owl Capital announced that a fund it manages has led a $2.4 billion computing power equipment financing round for IREN. The funds will be used to support IREN’s procurement of NVIDIA AI computing infrastructure, including Blackwell Ultra GPUs, for its Mackenzie data center campus in British Columbia, Canada. The financing comprises $1.2 billion in senior secured term loans and $1.2 billion in senior secured notes, with disbursements to be made in installments aligned with hardware delivery and deployment progress. IREN currently holds over 5GW of global data center development reserves, and the latest funding will further expand its AI Cloud infrastructure to meet demands for AI training and inference. Nico Caprez, NVIDIA’s Vice President of Global AI Infrastructure Growth, noted that CUDA enables NVIDIA’s AI infrastructure to serve diverse customers and workloads while continuously increasing in value over time, making it an investable infrastructure asset class. Blue Owl added that this transaction further validates the model of conducting large-scale AI infrastructure financing backed by GPU devices.
Token 'Niu Lai' rebounds to a market cap of over $100 million, surging more than 27% in 24 hours.
8 minutes ago
The first chapter of the AZUKI comic will launch on September 17, with new chapters updated every third Thursday of each month.
8 minutes ago
Circle adds support for pre-payment of CCTP fees, covering all EVM-compatible chains.
8 minutes ago
The US stock market's optical communication sector rose sharply, with LITE surging more than 11%.
8 minutes ago
Bonk Guy: PONS buyback is severely undervalued by the market, will continue adding positions during pullbacks.
8 minutes ago
Iran claims to have seized "the world's most advanced intelligent unmanned submarine", with US authorities yet to confirm.
8 minutes ago
Hot feeds
A trader profits $448K by monitoring #Binance's new listings!
2024.12.13 17:37:29
Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.
2024.12.16 14:48:36
A $PEPE whale that had been dormant for 600 days transferred all 2.1T $PEPE($52M) to a new address.
2024.12.14 10:35:27
When Elon Musk tweeted about Moltbook, the meme coin MOLT experienced a short-term 30% price surge, hitting a new all-time high of $114 million.
2026.01.31 18:37:29
A smart #AI coin trader made $17.6M on $GOAT, $ai16z, $Fartcoin,$arc.
2025.01.05 16:05:18
A sniper earned 2,277 $ETH ($8.3M) trading $SHIRO within 18 hours!
2024.12.03 23:09:08
MoreHot Articles

How did I turn $1,000 into $30,000 with smart money?
2024.12.09

10 promising AI Agent cryptos
2024.12.05

The 30-Year-Old Entrepreneur Behind Virtual, a Multi-Million Dollar AI Agent Society
2025.01.22

10 smart traders specializing in MEMEcoin trading on Solana
2024.12.09

A trader lost $73.9K trading memecoins in just 3 minutes — a lesson for us all!
2024.12.13

What is $SPORE? Let us take you through the on-chain records to show you how it works.
2024.12.25

