IREN Lifts AI Cloud Revenue Target, Hut 8 Lands $9.8 Billion Deal.

IREN and Hut 8 on Monday led a surge for bitcoin miners and artificial intelligence cloud providers after announcing new contracts. IREN lifted its AI cloud revenue target based on updated contracts with top AI developers. Hut 8 announced a nearly $10 billion deal after a customer doubled an initial order. Other data center and crypto-related stocks rose early Monday,…

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