Add Axios as your preferred source to

see more of our stories on Google.

Warriors owner Joe Lacob, IREN co-CEOs William and Daniel Roberts and Warriors star Jimmy Butler. Photo: Ina Fried/Axios

A pricey new deal to sponsor the Golden State Warriors' jersey patch could help IREN — a little-known Australia-based cloud provider — increase its reach.

Why it matters: The deal reflects a mutual courtship between an AI infrastructure provider and a sports franchise eager to tie themselves to the Bay Area's booming AI economy.