Nvidia has a strategic partnership with the cloud computing company Iren that includes providing operational support and grants Nvidia rights to purchase up to $2.1 billion worth of Iren's stock, but is not currently a financial backer of the company. "AI-Computing Startup Lambda Is Raising $4 Billion in Final Round Before Planned IPO," at 12:46 p.m. ET on Oct. 6, incorrectly included Iren in a list of cloud companies "backed" by Nvidia.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.