IREN Limited's AI revenue surged 839% year-over-year to $33.6 million in Q3'26, now 23% of total revenue. The company secured a five-year, $3.4 billion cloud services deal with NVIDIA. Contracted ARR rose to $3.1 billion, and GPU targets for 2026 were upgraded.
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Nebius: Addressing The Current AI Constraints As It Grows