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IREN (NASDAQ: IREN) announced Monday that it has closed a $3.65 billion investment-grade GPU financing facility, becoming the highest publicly rated investment-grade GPU financing deal ever completed and the first of its kind in the U.S. private placement market. The facility is designed to support the company’s sprawling AI cloud contract with Microsoft. The financing […] The post Why IREN’s $3.65B GPU deal with Microsoft is a milestone appeared first on Rolling Out .