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AI infrastructure company IREN acquires Spanish AI data center developer Ingenostrum, S.L., also known as Nostrum Group. This transaction adds approximately 490 megawatts of secured grid connected power resources and AI data center development pipelines to IREN. IREN plans to build an 800 MW data center park in South Australia, sign an AI cloud agreement with Microsoft, and establish cooperation with Nvidia. IREN's stock price rose nearly 4% on Monday to $62.