IREN: Doubled AI GPUs, Revenue Is Next

Group 1 - IREN Limited (NASDAQ: IREN) has transitioned from a crypto mining firm to an AI cloud infrastructure player, reflecting a broader trend among companies adapting to current market demands [2] - The shift in business model aims to capitalize on the growing demand for AI technologies and cloud services, positioning IREN to benefit from these emerging opportunities [2] Group 2 - The article emphasizes the importance of adapting business strategies to align with technological advancements and market trends [2] - Companies that successfully pivot their operations can potentially enhance their market position and financial performance [2]