Bitcoin miner IREN targets Europe AI cloud growth with Nostrum deal
IREN completes Nostrum acquisition, adding 490MW in Spain as Bitcoin miners expand AI cloud platforms across Europe as mining pressure grows.
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IREN's strategic shift to AI infrastructure in Europe could stabilize earnings and attract investors seeking growth beyond crypto mining. The post IREN acquires Nostrum, expands into Europe with AI cloud platform appeared first on Crypto Briefing.
Read full articleIREN completes Nostrum acquisition, adding 490MW in Spain as Bitcoin miners expand AI cloud platforms across Europe as mining pressure grows.
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The acquisition adds about 490 megawatts of secured power in Spain as IREN expands beyond Bitcoin mining and builds its European AI cloud platform.
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A policy analysis from June 2026 When Ursula von der Leyen stood before delegates at the Paris AI Action Summit in February 2025 and declared that global AI leadership was “within reach” for Europe, it was a statement of intent as much as strategy. Six weeks later, on 9 April 2025, the European Commission published […]
Europe’s evangelistic approach to insisting Apple open up personal data to competing AI services is hurting Apple users in the region. More than that, it also places its entire business sector at risk, and a newly-published Jamf survey suggests why. Announced at WWDC 2026, Apple Intelligence/Siri AI relies on personal, contextual data to run. Europe wants that same information to be made available to third-party services for competing apps, but has not worked with Apple to protect user confidentiality. It’s an approach that places your data at risk of exfiltration using those apps because Europe is insisting Apple share personal information with the developers of other apps. The desire to protect that data is why Apple won’t distribute Siri AI in the EU for a while. Jamf survey exposes the IT risks of AI It’s not as if Europe doesn’t understand the risk of data leaks in an era of AI. Just look at the bloc’s focus on things that do matter, such as sovereign AI or managed AI services li
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