Key Points Iren is taking a thoughtful and gradual approach to grow AI infrastructure. It uses Bitcoin mining revenue to invest in AI cloud expansion. Iren's business is at an inflection point. 10 stocks we like better than Iren › CoreWeave (NASDAQ: CRWV) generated incredible excitement when it went public in March 2025. Shares soared from their initial public offering (IPO) price of $40 to over $180 per share within just a few months. That was because the company had been building out compute capacity to support cloud services requiring significant processing power for several years. That's exactly what artificial intelligence (AI) labs need, and CoreWeave continues to expand its AI infrastructure. Missed AI’s "Act 1"? Act 2 Could Be 15x Bigger.
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