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IREN Buys Mirantis for $625M to Unlock AI Compute Utilization

Australia-based AI infrastructure operator IREN has agreed to acquire Mirantis in a $625 million all-stock deal, adding Kubernetes management, cloud infrastructure software and enterprise support capabilities to its AI cloud platform.The move targets a persistent weak point in AI infrastructure: turning deployed GPU capacity into usable, reliable services for enterprise customers.IREN has scaled aggressively on the supply side – securing power, building data centers and deploying GPU clusters. T...

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