Companies are projected to spend trillions on AI infrastructure by 2030. Nebius Group is growing fast but still accumulating losses. Iren Limited is profitable due to revenue from Bitcoin mining. Nebius Group offers cloud infrastructure for AI environments, while Iren Limited focuses on Bitcoin revenue. Nebius reported $146.1 million in revenue, with losses of $100.4 million. Iren’s revenue in Q1 of fiscal 2026 was $240.3 million, with net income of $384.6 million. Iren plans to expand to 140k GPUs, aiming for long-term value creation. Investors may prefer Iren over Nebius due to its lack of debt.

Read more at Yahoo Finance: Nebius Group vs. Iren Limited