AI Buildout Is A 'Whack-A-Mole’: IREN CEO Flags Bottleneck - IREN (NASDAQ:IREN)
Published on March 24, 2026.
The CEO of IREN (NASDAQ:IREN) has identified the real bottleneck in the AI industry as "time to compute," which is shifting from GPUs (graphics processing units) to power. This shift comes as companies are unable to rapidly deploy data centers quickly due to high demand. The industry is struggling to meet this demand, with no idle GPUs in the world. The next phase of AI will be defined by how quickly the real world can catch up.
Related Articles
OpenAI shutters short-form video app Sora as company reels in costs
OpenAI has shut down its popular short-form video app Sora due to high costs, focusing on maintaining a focus on improving efficiency and profitability.
Revolut says engagement, not users, drives profits
Revolut's record profits are driven by customer engagement, driven by usage, though growth, rather than user sign-ups, with future growth and profitability dependent on engagement.
Circle Stock Dives as Rival Tether Secures Big Four Audit, Crypto Bill Threatens Stablecoin Yield
Circle's stock dropped 20% as Tether secured a Big Four audit and proposed Clarity Act changes threaten stablecoin yield, despite strong earnings and market gains.