Investing in AI infrastructure is becoming increasingly attractive, with Nvidia CEO Jensen Huang predicting $3 trillion to $4 trillion in spending on AI infrastructure and data centers by 2030. As chipmakers focus on developing more powerful chips, the demand for cloud environments for AI training is also rising due to high costs associated with traditional setups. I recently invested in Nebius Group (NASDAQ: NBIS), a Dutch company providing cloud infrastructure for AI, and I’m gaining a deeper appreciation for Iren Limited (NASDAQ: IREN) and its business model.
