A second source said Kanye thinks the 35-year-old model is "amazing," and describes them as still "friendly."
As for Kanye's estranged wife Kim Kardashian's reaction to the the initial dating rumors, a source told E! News, "Kim has heard the rumors about Kanye and Irina Shayk and she doesn't mind at all. If it doesn't impact her kids, then she doesn't mind if Kanye dates."
Kanye and Irina have known each other for some time, ever since she modeled for his brand Yeezy. He has also name-checked her in a song.
Irina was previously linked to Vito Schnabel after her split from Bradley Cooper, who is the father of her daughter Lea De Seine, 3.
In April, Irina posted a snap of Lea taken by Bradley. While Lea’s face is not seen, she was also photographed holding onto Irina’s hand while Irina strikes a pose.