IREN to increase AI Cloud Services to 10% of earnings
IRENIris Energy (IREN) GlobeNewswire News Room·2024-09-16 21:57

SYDNEY, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, "IREN") today announced the purchase of 1,080 latest-generation NVIDIA H200 GPUs to support its growing AI Cloud Services business. "We're seeing strong levels of demand for new-generation GPUs. Ongoing discussions with NVIDIA and participation in their Cloud Partner Program gives us added confidence in deploying this new capacity," said Daniel Roberts, Co-Founder and Co-CEO of IREN. "This purchase ...