IREN's $2.8B Contract Wave, China's Open-Weight Push, and AI Tooling Expands
About this episode
IREN raises 2026 ARR target to $4B after new contracts, China's Moonshot and Alibaba release massive open-weight models, Google Gemma and HeyGen expand developer tooling
Chapters
Sources & Citations
IREN Signs $2.8bn in New Customer Contracts with Leading AI Developers, Raises 2026 ARR Target to over $4bn | The Manila Times (GlobeNewswire)
www.manilatimes.net
IREN stock jumps 7% on $2.8bn AI contracts, raises ARR target | Investing.com
www.investing.com
IREN raises 2026 revenue target to $4bn after $2.8bn in contracts | StreetInsider
www.streetinsider.com
IREN Business Update and Q3 FY26 Results (1.2GW 2027 Expansion) | GlobeNewswire
www.globenewswire.com
China's Moonshot unveils world's largest open AI model, closing in on US rivals
www.reuters.com
China's open-weight Kimi model stuns AI world with frontier-level results
www.axios.com
AI race splits in two as China wages open-weight insurgency
www.axios.com
Chinese AI has leveled up, and brought renewed focus on the open weight model shift
www.cnbc.com
X (formerly Twitter)
x.com
Gemma 4: Byte for byte, the most capable open models
blog.google
Gemma — Google DeepMind
deepmind.google
Google AI Gemma open models | Google for Developers | Google AI for Developers
ai.google.dev
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