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The analyst placed a price target of $99 on Iren which represented 128% upside from the closing price of $43.48 on Thursday. Iren, in particular, has a “clear path to software differentiated AIaaS” with its acquisition of cloud infrastructure and software company Mirantis, according to Chokshi.
ChronoScale said on August 27 that it plans with Microsoft to deploy 50 megawatts of AI infrastructure in North America using NVIDIA GB300 NVL72 systems and liquid cooling. The release did not disclose project pricing or committed revenue, although ChronoScale had already disclosed a two-year GPU services agreement with Microsoft tied to the planned deployment. […]
MENLO PARK, Calif., Aug. 27, 2026 (GLOBE NEWSWIRE) -- ChronoScale Corporation (NASDAQ: CHRN), (“ChronoScale” or the “Company”), an accelerated compute platform purpose-built to support demanding artificial intelligence workloads, today announced plans with Microsoft for a 50-megawatt (MW) AI compute deployment in North America. The deployment will feature NVIDIA GB300 NVL72 systems and advanced liquid-cooling infrastructure designed for high-density AI workloads. The project brings together Chro
Earlier this month, ChronoScale Holdings Corporation and Nutanix, Inc. announced a partnership to deliver enterprise-ready AI infrastructure by combining Nutanix’s agentic AI software portfolio with ChronoScale’s accelerated compute platform built on NVIDIA technologies. This collaboration is designed to let Global 2000 and other large enterprises run and govern agentic AI workloads across on‑premises and ChronoScale GPU capacity through a single control plane, potentially simplifying...
The NVIDIA GB300 deployment is targeted for early 2027, but financing remains outstanding and Microsoft’s purchase commitments were not disclosed.
Nutanix and ChronoScale plan to integrate their platforms so enterprises can extend into ChronoScale GPU-as-a-Service, pre-paid inference tokens through ChronoScale Token Factory, and a locally-deployed ChronoScale Foundry for enterprise agentic AI workflowsChronoScale to leverage Nutanix Agentic AI software solution for neoclouds to deliver broad portfolio of accelerated compute and AI servicesCollaboration extends to go-to-market, joint solution development, technical integration, and customer
The company is becoming a leading AI data center real estate owner.
DALLAS, July 27, 2026 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the Company"), a U.S.-based designer, developer, owner, and operator of large-scale, purpose-built data centers engineered to support high-performance computing (“HPC”) workloads, including artificial intelligence (“AI”), machine learning, and other accelerated-compute applications, reported financial results for the fiscal fourth quarter ended May 31, 2026. The Company also provided operat
The company makes its money from intellectual property, so why did investors balk when it decided to defend it in court.
Recent stock move puts ChronoScale in focus ChronoScale (CHRN) has drawn fresh attention after a sharp recent move in its share price, prompting investors to reassess how the Dallas based AI compute platform provider’s fundamentals line up with its volatile trading history. See our latest analysis for ChronoScale. The recent spike comes on top of a 58.82% 3 month share price return and a 134.18% year to date share price return. The 1 year total shareholder return of 378.12% highlights how...
DALLAS, June 04, 2026 (GLOBE NEWSWIRE) -- ChronoScale Corporation (NASDAQ: CHRN) (“ChronoScale” or the “Company”), an accelerated compute platform purpose-built to support demanding artificial intelligence workloads, today announced the appointments of Raj Jegannathan as Chief Technology Officer and Lawrence Lam as Chief Product Officer. The appointments strengthen ChronoScale’s executive leadership team as the Company expands its AI infrastructure platform and accelerates delivery of large-scal
Applied Digital recently spun off ChronoScale, its cloud unit.
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