Our vertically integrated AI Cloud platform has arrived in Europe.
Today, IREN announced it has completed the acquisition of Nostrum Group, adding 490MW of secured power in Spain to serve global demand for AI compute.
“Europe is one of the largest and fastest-growing markets for AI infrastructure, and Spain is among its most compelling entry points, with abundant renewables and strong fiber connectivity. Nostrum gives us secured power today along with a development pipeline and a great local team we're excited to work with.” - @danroberts0101
Learn more: https://t.co/f2ZWh6cBba
$IREN Completes Acquisition of Nostrum Group Expanding AI Cloud Platform to Europe
The acquisition marks IREN’s entry into the European market, adding approximately 490MW of secured, grid-connected power in Spain and an additional development pipeline. Nostrum also brings a team of more than 50 people across development, engineering, construction and operations.
The acquisition establishes a strong foundation for IREN to serve rapidly growing AI Cloud demand across Europe, one of the largest and fastest growing markets.
Nostrum’s operations will continue under the IREN brand.
JUST IN: 🇮🇱🇺🇸 Israeli National Security Minister Ben Gvir says "Israel does not take orders from the United States."
"Trump's agreement does not bind us…The days when Jews took blows and stayed silent are over."
The US military has received a directive to lift the blockade in the Strait of Hormuz on Friday if an agreement with Iran is signed, CNN reported, citing a US official.
BREAKING: Iran says the US has agreed to pay $300 billion in reconstruction funds directly to Iran as part of the deal Pakistan announced, alongside the release of $24 billion in frozen funds with $12 billion released before negotiations even start, per Mehr News.
This directly contradicts Trump's & Vance's claim that no funds will be transferred to Iran at all.
If Trump denies this is true, there never was a deal. If Trump confirms, the US has fully capitulated to Iran's demands.
BREAKING: Iran rejects Trump's new claim to Axios that a deal will be signed "within the next few hours," calling it "out of touch with reality" given that nothing has been finalized and no agreement exists, especially after today's Israeli strike on Beirut, per Tasnim.
Iran's senior negotiating team member Marandi separately says "there will be no more negotiations for now."
BREAKING: A diplomat involved in US-Iran peace talks says Israeli strikes on Beirut, Lebanon, today have created issues with finalizing a deal, per Fox News.
The diplomat says the strikes are an attempt to "sabotage President Trump's deal and drag the US back into war."
Yesterday, President Trump said a peace deal was scheduled to be signed today.