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Data center operator IREN recontracted older Nvidia H100 processors at double their original leasing rates, co-CEO Daniel Roberts said on an earnings call, pointing to persistent demand for previous-generation AI hardware.
IREN posted a 182% sequential jump in AI cloud revenue to $200 million and rescheduled its $4 billion annualized run-rate milestone to early 2027 following Microsoft-requested design revisions.
Hugging Face Chief Policy Officer Irene Solaiman discussed how startups navigate tooling, costs, and value capture in open-source AI on TechCrunch's Equity podcast.