$27.07
24h
+6.65%
25 Oct, 22:20
Potential M&A to close AI cluster expertise gap
Bullish+8.67%
AI Summary
The author posits that IREN could pursue acquisitions of other neocloud operators by 2027 to compensate for its current lack of expertise in AI cluster setup compared to competitors like NBIS.
I wouldn't be surprised if $IREN acquires other neoclouds in 2027
It's well known that $IREN lacks the expertise of a company like $NBIS in setting up clusters, from both a software and hardware standpoint
An acquisition could help close that gap https://x.com/HyperTechInvest/status/2114482190402920892/photo/1