Iris Energy Limited is a renewable energy company that focuses on the development and operation of sustainable data centers powered primarily by green energy sources. The company engages in the mining of cryptocurrencies, leveraging its environmentally friendly infrastructure to provide a more sustainable alternative to traditional mining operations that often rely on fossil fuels. By utilizing renewable energy, Iris Energy aims to reduce the carbon footprint associated with cryptocurrency mining while fostering growth in the digital asset ecosystem. Read More
IREN shares are trading higher Wednesday after the company recently signed a $9.7 billion AI cloud services agreement with Microsoft to deploy NVIDIA GB300 GPUs across its 750 MW Texas campus.
Renowned investor and “Shark Tank” personality Kevin O’Leary acknowledged Tuesday the enhanced role of artificial intelligence and blockchain technology in driving cost efficiency and productivity across sectors.
In a landmark move poised to reshape the landscape of artificial intelligence infrastructure, Microsoft (NASDAQ: MSFT) has inked a colossal five-year, $9.7 billion cloud services agreement with Australian AI infrastructure provider IREN (NASDAQ: IREN). This strategic alliance is explicitly designed to secure access to NVIDIA's (NASDAQ: NVDA) advanced GB300 AI processors, directly addressing the escalating [...]
