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IREN blames Microsoft-requested networking changes for delays to its $9.7 billion AI project

· businessinsider.com · popularity 33/100 · 0 similar stories today · Careers & Employment (Business & Finance)

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Summary

The Nvidia-backed cloud provider IREN said Thursday that a Microsoft-requested change to networking equipment resulted in delays to a massive data center project in Childress, Texas. IREN said it now expects to reach $4 billion in operating annual recurring revenue by January or February, having …

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