DossierENTITY

AI cloud platform

Coverage of AI cloud platform in the Nexus archive.

Earliest in view: May 5 · 15:43 UTCMost recent: May 5 · 15:43 UTC

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BUSINESSMay 5 · 15:43 UTCTHE BLOCK
IREN snaps up Mirantis in $625 million all-stock deal to round out its AI cloud platform
IREN has acquired Mirantis in a $625 million all-stock deal to enhance its AI cloud platform. The acquisition implies a valuation of roughly four to five times revenue for Mirantis. This move is expected to strengthen IREN's position in the AI cloud market.